HYBE Faces Solo Hearing Amid Controversy Following NewJeans’ Exit “National Petition Surpasses 40,000 Signatures”
As of Dec 12th, a petition titled “A Hearing and Legislative Supplementation on Legal Weaknesses Exposed by HYBE’s Social Controversies” has garnered over 40,000 signatures on the National Assembly’s public petition board.
The petition highlights the need for a hearing to address legal shortcomings exposed by HYBE’s social controversies. It also calls for legislative amendments or new laws where current regulations fall short. The petition seeks to secure 50,000 signatures by Dec 15th. If successful, the petition will be submitted to the relevant committees for review and discussion.
The petitioner stated, “It is time for various allegations surrounding this company’s management and operations to be revealed. Through a fair and transparent hearing, we hope to rectify legal gaps and create new laws to ensure that South Korea, as a nation governed by the rule of law, maintains proper regulations.”
The controversy follows NewJeans’ sudden announcement of contract termination with ADOR and HYBE during an emergency press conference held on Nov 28th in Gangnam, Seoul. Member Minji stated, “ADOR and HYBE violated the terms of our contract, which is why we are terminating it. With the termination, the exclusivity is nullified, and our activities will proceed without issue. Thus, we see no need for legal action such as provisional injunctions.”
Regarding potential penalties, member Haerin emphasized, “We have not breached our exclusive contract and have performed to the best of our abilities. Therefore, we see no reason to pay penalties. Instead, ADOR and HYBE’s contract violations are the root of this situation, and they must bear responsibility.”
Regarding this, ADOR maintained that the exclusive contract remains valid. The company expressed regret over NewJeans’ press conference, stating, “It is unfortunate that they planned and executed a press conference on contract termination without thoroughly reviewing our response to their content-certified letter. ADOR has not breached the contract, and unilateral claims of broken trust do not constitute grounds for termination.”
NewJeans reaffirmed their stance on Dec 6th, stating, “ADOR cannot interfere with or influence our activities. The exclusive contract explicitly states that we can terminate it if ADOR fails to fulfill their contractual obligations.”
Source: Daum