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[theqoo/instiz] THE JUDGMENT REGARDING HYBE & ADOR’S LOUIS VUITTON CASE

A) The creditor committed embezzlement by colluding with the head of the style directing team, K, to have K receive the revenue that should have belonged to C.

B) The creditor leaked C’s trade secrets to the outside world, including ‘the fact that E signed a brand ambassador contract, undisclosed 2023 performance information of C, emails regarding the L issue between C and the debtor’s department (Brand Synergy Business Part), and the negotiation details of the shareholder contract in this case.

C) The creditor, in collusion with J, who is the vice president of C, violated Article 178 of the Capital Market Act by engaging in fraudulent unfair trading practices.

D) The creditor engaged in acts such as defamation against the management and affiliated companies of the debtor.

It was revealed that during the process of negotiating a new contract for LE SSERAFIM with an overseas luxury brand, which was already under contract with NewJeans, a conflict of interest arose. The Brand Synergy Team at HYBE lied to both ADOR and the brand to secure the contract.

At this point, in an attempt to appoint LE SSERAFIM as an ambassador from the HYBE Brand Synergy Team, lies were told to ADOR and the luxury brand, and when ADOR and the brand tried to fact-check with the contract, HYBE  accused and threatened them calling it ‘leaking of important internal documents!’ How evil! And they used it to mediaplaying like that ㅋㅋ What an amazing company… 

Creditor: Min Heejin

Debtor: HYBE

C: ADOR

The HYBE Branding Team lied to ADOR and the Louis Vuitton agency separately > ADOR found out late, contacted the agency to rectify the situation, and lodged a complaint to HYBE > HYBE acknowledged their mistake and gave ADOR three months’ worth of commission.

t/n: For those confused, the court document is what HYBE submitted to the judge saying that Min Heejin (creditor) leaked important information to the outside world and committed embezzlement and violated the law. Meanwhile, the truth behind was that Min Heejin and LV were fact checking the contract they signed with NewJeans because it somehow ended up with LE SSERAFIM  too. 

1. The way they do things is seriously so dirty and low… 

2. They’re freaking thugs f*ck 

3. ………….. What is this? This is going too far ㅠㅠㅠㅠㅠㅠㅠㅠㅠㅠ

4. Crazy, and LE SSERAFIM’s fans think they have the right to swear at Min Heejin?

5. F*ck the luxury brand must’ve been so confused. The subsidiary company trying to feed their parent company ㅋㅋㅋㅋ

6. So everything Min said is true 

7. ;;; This is so embarrassing 

8. LE SSERAFIM ㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ What are they going to do about their image?

9. I knew it would be about LE SSERAFIM ㅋㅋㅋ

10. So they were trying to give what was meant for NewJeans to LE SSERAFIM?

[instiz] FACT ABOUT THE AMBASSADORSHIP THAT SHOULD’VE WENT TO NEWJEANS BUT WENT TO LE SSERAFIM

1. Damn

2. Wow… is this new?

3. Legendary

4. So it was real.. Damn, HYBE…ㅎ

5. Seriously, what a horrible thing to doㅋㅋ

6. And how are they gonna sneak this under the rug now?

7. HYBE just exceeds my expectations

8. So why are LE SSERAFIM’s fans still hating on NewJeans and Min Heejin now….?

9. No but the brand wanted NewJeans. LE SSERAFIM killed the partyㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋㅋ are they not embarrassed?

10. So this company is powerless unless they steal from others

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