I think the recent ruling that was revealed just minutes ago may have come as a surprise to many kpop fans and warrants a broader discussion. I too am surprised by the outcome if im being honest. So HYBE has been ordered to pay her 26 billion won for the put option, roughly 20 million USD, along with the legal fees from the trial. The court also stated that it was difficult to accept the tampering allegations to pull NewJeans out of ADOR.
Another unexpected element was the court acknowledging her claims regarding the plagiarism dispute between Illit and NewJeans, stating that similarities were apparent and that BELIFT didn’t provide enough argument to clearly establish Illit’s distinct identity.
I think this whole situation is at a really interesting juncture. The CEO ultimately came out on top, while the NewJeans members lost quite a lot in the process while demonstrating their support and loyalty for her.
I was just wondering, if individual posts like this aren’t allowed, would it be possible to create a megathread to discuss the outcome of the ruling?
Here’s a link to an article that better summarizes the ruling.
submitted by /u/Ok-Nobody-7759
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