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ADOR Appoints Law Firm Lihan for 43B Won Lawsuit Against Danielle
4 hours ago•Anna Hwang
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Key Facts
- ADOR appointed four lawyers from Lihan to lead a 43 billion won (~$33M USD) damages lawsuit against former NewJeans member Danielle and former CEO Min Hee-jin.
- All five previous representatives from Kim & Chang Law Office resigned on April 24 to streamline the litigation process.
- Lihan is also representing HYBE Chairman Bang Si-hyuk against charges of violating the Capital Markets Act.
- Following the appointment, ADOR petitioned the court to reschedule the trial date.
Key Terms
- Capital Markets Act: Regulations governing financial investment and securities markets to ensure fair trading.
- Lawsuit for Damages: A legal claim seeking monetary compensation for losses or harm.
Key Quote
The resignation of the lawyers was reportedly a measure to handle Ador's ongoing lawsuit more efficiently. — Official Report
Next
- The court will review ADOR's request to change the trial date.
- Proceedings will continue under Lihan’s direction.
