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Min Heejin Files Injunction Against HYBE Over Voting Rights Dismissal

Min Heejin Files Injunction Against HYBE Over Voting Rights Dismissal

Min Heejin has filed an injunction with the Seoul Central District Court against HYBE for using its voting rights to dismiss her.

On the 7th, ADOR explained, "CEO Min Heejin's position is that HYBE’s claim of breach of trust is absurd, and she has applied for an injunction to prohibit the exercise of voting rights to protect ADOR artists and ADOR’s corporate value."

They continued, "HYBE has requested to convene an extraordinary shareholders' meeting regarding the dismissal of CEO and executive director Min Heejin, which is in violation of the shareholder agreement signed with CEO Min Heejin."

At the same time, “CEO Min applied for a provisional disposition to prohibit the exercise of voting rights against HYBE, using the right to claim performance of the shareholder contract as a preservative right, to the effect that the voting right in favor of the dismissal of CEO and executive director Min Heejin should not be exercised.”

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