A court has approved HYBE's request to suspend the enforcement of a payment ruling against Min Hee-jin, halting her account seizure.
February/24/2026 19:01Related Groups & Members
The former ADOR representative Min Hee-jin's application for a provisional seizure of a bank account against HYBE has been halted by a court decision. Yesterday (23rd), the 17th Civil Division of the Seoul Central District Court finally approved HYBE's application for a suspension of enforcement. On the 19th of this month, HYBE submitted an appeal in the lawsuit related to the stock purchase price (put option) against Min Hee-jin, requesting to suspend the enforcement of the payment ruling of 25.5 billion won (approximately 2.5 billion yen) confirmed in the first instance until the appeal trial. The court can order a suspension of enforcement on the condition that a guarantee is provided if it recognizes it as reasonable. With the court's acceptance of the suspension of enforcement, HYBE must provide a guarantee (such as cash deposit) equivalent to the amount of the first-instance ruling. If this is not fulfilled, the effect of the suspension of enforcement will disappear. Previously, on the 12th, the 31st Civil Agreement Division of the Seoul Central District Court (Chief Judge Nam In-soo) dismissed HYBE's request in the declaration date of the lawsuit for confirmation of the termination of the shareholder agreement against Min Hee-jin and the lawsuit for the stock purchase price against HYBE. Subsequently, on the 20th, Min Hee-jin revealed through her SNS that she had applied for a seizure of claims (bank account) and a request for inquiry against HYBE. However, with the court accepting the application for suspension of enforcement, the seizure procedure has also been temporarily halted. - Min Hee-jin, in contact with Japanese businessman to attract investment to NewJeans? Dispatch denies the report, saying "I'm fed up" - Min Hee-jin applied for a provisional seizure of a bank account against HYBE... a procedure following her victory in the first instance.
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