With allegations of contract breach, betrayal, and corporate control at stake, ruling on her battle with Hybe expected early next year
Former Ador CEO Min Hee-jin claimed Thursday that she had been βa sacrifice for Hybeβs stock market debut,β as her legal dispute with the K-pop powerhouse over a put option worth some 26 billion won ($17.7 million) continued at the Seoul Central District Court.
The court held the third hearing in two related suits in which Hybe, parent company of Ador, is seeking confirmation that its shareholder agreement with Min has been terminated and Min is demanding payment for exercising the put option.
Min argued that Hybe had used her
Continue Reading on The Korea Herald
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.