Attorney Chung gave a brief comment. Attorney Lee posted on his social networking service on the 31st, "The reason I'm smiling faintly is because I knew I would win."
She also posted a photo of herself smiling next to CEO Min when he held an emergency press conference on the 25th of last month.
Previously, the 50th Civil Division of the Seoul Central District Court (Judge Kim Sang-hoon) announced that Min was
On the 30th, the court granted the application for a provisional disposition to prohibit the exercise of voting rights filed against BE. This allows CEO Min to maintain his position as CEO, but he will be subject to a fine of $10,000 at the ADOR 2019 event held at a location in Seoul on the 31st.
At the extraordinary shareholders' meeting, Hive recommended Kim Ju-young, CHRO (Chief Human Resources Officer), Lee Jae-sang, CSO (Chief Strategy Officer), and Lee Kyung-jun, CF, as internal directors of ADOR.
O (Chief Financial Officer) was appointed. Vice-CEO Shin and Director Kim, who are from Chairman Min's side, were dismissed. Attorney Lee said at 2:30 p.m. on the same day at the Seoul Jung-gu Press Center
At a press conference held at the Center Maefa Hall to announce their position regarding ADOR's extraordinary general meeting of shareholders, the company said, "(HYBE) did not announce a separate position or engage in any dialogue," and "(Regarding the three newly appointed directors)
"I have not yet received any notification from him, but I am currently waiting for the acceptance procedure, but I have not received any notification," he said. He continued, "The extraordinary general meeting of shareholders lasted about five minutes, and there was almost no discussion on each agenda item.
Lawyer Lee added, "We fought hard during the three-week trial," and emphasized, "Everything that (HYBE) cited as reasons for dismissal was rejected."
He added, "I think HYBE should take appropriate measures to ensure that the directors (who were appointed today) do not take any action to dismiss CEO Min."
The current conflict began on the 22nd of last month when HYBE announced that they would begin an audit due to Min's plans to seize control of ADOR.
In response, CEO Min refuted the allegations surrounding him that he was attempting to seize management rights, and began a legal battle with HYBE.
After that, Min announced that HYBE had voted in favor of his dismissal proposal, which would be put forward as an agenda item at ADOR's extraordinary general meeting of shareholders on the 31st.
On the 7th, they filed an application for a provisional injunction with the court to prevent the option from being exercised, and the court granted it the day before the extraordinary general meeting of shareholders.
2024/06/01 10:32 KST
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