Min Hee Jin Offers to Forfeit Rs. 149 Crore from HYBE to Settle NewJeans Legal Battle

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Min Hee-jin offers to forgo Rs 149 crore from HYBE to end NewJeans legal battle

Min Hee-jin offers to forgo Rs 149 crore from HYBE to end NewJeans legal battle

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Firstpost•26-02-2026, 12:56

Min Hee-jin offers to forgo Rs 149 crore from HYBE to end NewJeans legal battle

•Former ADOR CEO Min Hee-jin offered to give up 25.6 billion won (Rs 149 crore) to HYBE.
•The offer is contingent on HYBE withdrawing all lawsuits related to the NewJeans dispute.
•Min Hee-jin stated her decision is motivated by the well-being of NewJeans members and to end the 'unnecessary noise'.
•The payment stems from a court ruling validating her right to exercise a put option for her ADOR shares.
•HYBE has not yet officially responded to Min Hee-jin's proposal, which could end a two-year legal saga.

Read Full Article on Firstpost in English

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