Former ADOR chief executive Min Hee-jin on Wednesday offered to end all legal disputes with K-pop giant Hybe in return for waiving a 25.6 billion-won (US$17.89 million) put option payout she expects from the company.
Min, who now heads her own label Ooak Records, made the announcement at a press conference in central Seoul held shortly after a local court ruled partly in her favor in an ongoing legal battle with Hybe, the parent company of ADOR.
Former ADOR CEO Min offers truce with Hybe over 25.6 billion
