
Court orders Hybe to pay W25.5b to ex-Ador CEO Min Hee-jin
The Seoul Central District Court on Thursday sided with former Ador CEO Min Hee-jin in her put option dispute with Hybe, ordering the K-pop agency to fork over 25.5 billion won ($17.6 million). The ruling which validates Min's contractual right to sell a portion of her Ador shares back to Hybe, also ordered the company to pay a combined 3.1 billion won to two other former Ador executives, surnamed Shin and Kim, who like Min exercised put options. Expressing disappointment, Hybe said it was weigh