ADOR places 500 million won provisional seizure on Min Hee-jin’s Yongsan District apartment? “We will respond after confirming”

[Financial News] OOAK Entertainment (One Of A Kind Entertainment) stated that it has “not been served” and “will respond after confirming the facts,” following reports that a provisional seizure of 500 million won has been placed on an apartment in Yongsan District owned by Min Hee-jin, former CEO of ADOR and now head of the new agency OOAK Entertainment (One Of A Kind Entertainment).
According to News1 on the 13th, a representative of OOAK Entertainment said, “We have not yet been served with any court documents related to the provisional seizure of real estate that ADOR is said to have filed,” adding, “Once we have confirmed the relevant details, we plan to file an objection and pursue other legal action.”
The representative went on to say, “This matter was already closed last year by the police with a decision of ‘no suspicion’ and was not forwarded for prosecution,” and added, “It is puzzling that ADOR has pursued a provisional seizure and other measures despite the investigative authorities having concluded there was no charge.”
Earlier, Ilyo Shinmun reported that Civil Division 21 of the Seoul Western District Court had, in December last year, granted ADOR’s application for a provisional seizure of real estate worth 500 million won against Min Hee-jin. The case stems from the fact that A, then head of ADOR’s styling directing team in charge of NewJeans’ styling while Min Hee-jin was serving as ADOR’s CEO, personally received styling service fees from an external advertiser.
The National Tax Service (NTS) determined that service fees of about 700 million won should have been recognized as ADOR’s revenue and imposed additional tax on ADOR. ADOR then argued that former CEO Min bears liability to compensate ADOR for its losses, and the court accepted this claim, according to the report.
Subsequently, ADOR filed a complaint seeking contractual penalties and damages against Danielle Marsh, a party to the exclusive contract, in connection with the NewJeans dispute. ADOR also brought a damages lawsuit against one of Danielle Marsh’s family members and former CEO Min Hee-jin, holding them responsible for NewJeans’ departure and delayed return. The total amount claimed in the lawsuits comes to 43.1 billion won.
bng@fnnews.com Kim Hee-sun Reporter