'1.0B-Won-Scale' Ador Faces Court-Granted Asset Seizure of Real Estate Belonging to Min Hee-jin and Danielle’s Mother

Court Cites Real Estate Asset Seizure of 7 Billion Won… Follows a 43 Billion-Won (Loss-and-Damage) Lawsuit, Mounting Broad Pressure

Ador’s Court-Granted Asset Seizure of Min Hee-jin and Danielle’s Mother’s Real Estate Worth 7 Billion Won… Legal Battle Escalates

It has now been confirmed that 'Ador', the agency of the girl group 'NewJeans', has moved to immediately 'seize' the real estate belonging to 'Daniel'’s mother and 'Min Hee-jin', the former CEO of Ador.

Daniel, a NewJeans alum [Yonhap News photo]
Daniel, a NewJeans alum [Yonhap News photo]

The Prelude to a 43 Billion-Won Legal Fight, Trapped 7 Billion-Won Assets

According to legal circles on the 29th, the Seoul Central District Court Civil Division 58-1 (single-judge) ultimately granted on February 2 the 'asset seizure' request filed by 'Ador' against 'Daniel'’s mother, Ms. A, and 'Min Hee-jin', the former CEO. This is a powerful legal measure aimed at blocking at the source any concealment of a debtor’s assets. Per the court’s decision, 'Min Hee-jin'’s former CEO’s assets were completely frozen within a range of 5 billion won, and 'Daniel'’s mother Ms. A’s assets were frozen within a range of 2 billion won.

Full-Scale War at the Edge, Massive 43 Billion-Won Claims for Damages

This real-estate freeze moves in lockstep with a lawsuit for 'damages' on an astronomical scale filed by 'Ador'. In December of last year, 'Ador' terminated the exclusive contract with 'Daniel' and brandished the sword of a lawsuit worth a staggering 43 billion won. They are zeroing in on the alleged major negligence of 'Min Hee-jin', the former CEO, and 'Daniel'’s side, with the departure from the team and delays in returning at their core.

Courthouse Shakes Up, Mystery Surrounding the Lawyer Team’s Sudden Resignation

The direction of the main lawsuit is in the hands of Seoul Central District Court’s Civil Division Panel 31. That bench had previously ruled in favor of 'Min Hee-jin' in the first-instance decision of a put-option dispute involving 'HYBE', so the ripple effects of this ruling are also drawing intense attention across the industry. However, on the 24th—just three weeks before the first pleading scheduled for the 15th of next month—'Ador'’s legal team unexpectedly submitted a resignation notice, and the case’s course entered a new phase.

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