According to legal sources, HYBE filed applications on January 8 and January 12 requesting limitations on the inspection and copying of trial records in two separate cases: a lawsuit seeking confirmation of the termination of a shareholder agreement and a separate claim demanding payment of stock purchase proceeds. The company argued that the records contained internal reports and other trade secrets.
Under Korean civil procedure, restrictions on access to court records may be granted if documents include trade secrets, pose risks to public order, or could significantly disrupt the social lives of those involved. When such requests are approved, access to the records is limited strictly to the parties involved in the case.
The court found that HYBE’s request had “partial merit” and ruled that certain documents submitted by HYBE would only be accessible to the litigating parties and their legal representatives. As a result, third parties are barred from viewing or copying specific portions of the trial materials.
This is not the first time HYBE has attempted to limit access to legal documents related to Min Hee-jin. In June 2025, the company made a similar request in a separate injunction case seeking to prohibit Min from exercising voting rights. That request, however, was dismissed by the court on the grounds that it lacked sufficient justification.
HYBE and Min Hee-jin are currently engaged in two major lawsuits valued at approximately 26 billion won (around USD 260 million): a stock purchase price claim and a lawsuit confirming the termination of their shareholder agreement. Both cases are currently in their first trial stages.
Notably, HYBE has assembled a large legal team for the proceedings. The company has appointed 21 attorneys for one case and 22 for the other, including lawyers from the prestigious Kim & Chang law firm and several former high-ranking judicial officials.
Sources: Bizhankook
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