(The word on the card means “Resignation”.)
MIN HEE-JIN RESIGNS AS INTERNAL DIRECTOR OF ADOR, TERMINATES SHAREHOLDER AGREEMENT
MHJ has released a statement explaining her decision:
I am resigning from my position as ADOR’s internal director today. I will also terminate my shareholder agreement and hold HYBE responsible for the violation of the agreement.
I will also take legal action against the many illegal acts committed by HYBE and its executives.
Even amid the conflict with HYBE, which started with HYBE’s illegal audit in April, which has continued for over seven months, I have done everything in my power to keep the shareholder agreement and bring ADOR back to its original state.
However, HYBE has not admitted to its wrongdoings and has shown no effort to change, so I have decided that further efforts would be a waste of time.
I hoped that HYBE would admit to its own mistakes, and I worked nonstop to protect NewJeans from HYBE. That is why I sent two internal emails twice in April.
But, instead of reflecting, they have continued to commit foolish acts and even opened an embarrassing illegal audit to the public. They framed me, a minority shareholder and CEO, for the usurpation of management through a witch hunt and made irrational attacks that are hard to believe came from a large company.
After seven months of chaos, it has finally been revealed that my whistleblowing was based on facts, while HYBE’s lies and hypocrisy came to light.
[Spoiler (click to open)]Honestly, HYBE must have known from the start that the contents of the whistleblowing report were all true.
However, as they only cared about their own interests and gain, they must have wanted to ignore the essence of ‘problem solving.’
I don’t even expect that to repent, but it was naive judgment to think they would at least have minimal conscience as human beings.
But just as breathing doesn’t always mean you are living, I didn’t want to go with the flow and settle down in this twisted organization obsessed with money.
Up until recently, HYBE has continued to use its subordinate labels to file unreasonable lawsuits and use media play, while at the same time trying to bury me through a contract full of toxic clauses as if they were doing me a huge favor.
While requesting an agreement, which is important in a business agreement, they insisted on in-person meetings only, making incomprehensible demands and unreasonable claims that they couldn’t provide documents.
It’s not surprising anymore that those who unilaterally fired the CEO are spreading false information to the media that the CEO has stepped down to take over producing duties and is demanding that others ‘keep it a secret.’
The atrocities committed by HYBE will be recorded as an unprecedented story in the history of K-Pop.
I have fought with everything I have mentally, financially, and physically for the past seven months to try and revive ADOR, which was ruined by HYBE’s violation of the shareholder’s agreement.
This means I didn’t back down and did my best despite the dispute that started with groundless attacks from a group disguised as a large company.
HYBE’s moral decay has already reached its climax, and the media play will continue. However, I am not worried, as the public will also be able to read the pattern. Regardless, I will not just sit and watch; I will punish any false accusations with legal action.
Although this case is not over yet, I would like to thank Bunnies and others who have continued to support and cheer me on for almost half a year. Ironically, it was amazing luck to get to know some of the best people while fighting with the worst company.
Some people may not understand why I pushed through this much, but there must be a reason and meaning for someone like me to exist in this world. Please support me with my new K-Pop journey that is to come.
I am ending this statement with a relieved heart.
‘One person’s malicious actions should not damage the ‘essence of the industry.’ That is really bad.’
HANNI AND WORKPLACE BULLYING
Hanni’s complaint about workplace bullying (aka why she attended a parliamentary audit on October 15) has been closed on the basis that Hanni is not classified as an employee under the Labour Standards Act and is therefore ineligible to receive workplace harassment protections. The contract between Hanni and ADOR is seen as a management contract between “two equal parties” and does not render her subordinate to the comapny (as an employee would be).
More specifically, Hanni is not an employee because: “she was not subject to the same rules as company staff, she did not have fixed working hours or a specific location, she shared activity-related costs with the company, she received a share of profits rather than wages, she paid her taxes as business income instead of salary or wages and she assumed both profits and losses from her activities.”
This decision was support by a 2019 ruling from the Supreme Court of Korea classifying contracts between Kpop artists and their agencies as being “commission-based”, rather than “employment-based”.
MIN HEE JIN, HANNI