2025-09-12

Team Bunnies Post – Trial Content Excerpts: Shin & Kim and Jung Jin-soo (1)


🔗 2025-09-12 Team Bunnies Post – Trial Content Excerpts: Shin & Kim and Jung Jin-soo (1)

From the Trial: Shin & Kim and Jung Jin-soo (1)

👩‍💼 Shin & Kim (Attorney Lee Sook-mi): This is the KakaoTalk conversation from February 19, 2024. As Chief Legal Officer, didn’t you receive and review all of the KakaoTalk messages between Lee O** and Min Hee-jin?
👨‍💼 Jung Jin-soo: I did review them, but there are things I remember and things I don’t.

👩‍💼 Shin & Kim (Attorney Lee Sook-mi): The KakaoTalk records are extensive, so only portions were extracted and used as evidence in the case. Regarding messages with a different intent than what the plaintiff claims—did you simply not see them, or did you ignore them? This is a conversation where Lee O** said they would meet someone the plaintiff knows to find out about the shareholder agreement negotiations. This content supports the defendant’s claims and contradicts the plaintiff’s claims. Did you not see this at all, or did you ignore it?
👨‍💼 Jung Jin-soo: I don’t remember.

👩‍💼 Shin & Kim (Attorney Lee Sook-mi): You presented a comparison version of the shareholder agreement. Didn’t you say that the defendant made many unfair proposals regarding the comparison version sent by Shin & Kim?
👨‍💼 Jung Jin-soo: You made broad proposals that we hadn’t anticipated.
👩‍💼 Shin & Kim (Attorney Lee Sook-mi): During the shareholder agreement negotiations at that time, Shin & Kim created a table with items 1 and 2 and submitted it to the plaintiff. Do you remember?
👨‍💼 Jung Jin-soo: I don’t remember.

👩‍💼 Shin & Kim (Attorney Lee Sook-mi): This is very important content.
👩‍💼 Shin & Kim (Attorney Lee Sook-mi): Regarding the calculation method, issues were raised about granting CEO authority concerning exclusive contracts, delegation contracts, etc. There was an explanation attached that this was intended to prevent HYBE from unfairly adjusting contracts to lower the multiple, since the multiple and profit calculation are based on exclusive contracts, etc. Do you remember that content?
👨‍💼 Jung Jin-soo: I don’t remember well.

👩‍💼 Shin & Kim (Attorney Lee Sook-mi): Around April 22, 2024, many articles were distributed. But you said you didn’t know. Aren’t you the Chief Legal Officer?
👨‍💼 Jung Jin-soo: Does the Chief Legal Officer necessarily have to know about articles?
👩‍💼 Shin & Kim (Attorney Lee Sook-mi): Between April 22 and 25, a great many articles related to the defendant were distributed on an hourly basis. Can you say that HYBE provided no leads at all?
👨‍💼 Jung Jin-soo: There was a tampering case that became a major social issue the previous year. Wasn’t it picked up by reporters that [the defendant] was looking for investors or expressing complaints?
👩‍💼 Shin & Kim (Attorney Lee Sook-mi): Are you aware, unaware, or unable to confirm that HYBE’s media liaison provided [information] to a reporters’ group chat?
👨‍💼 Jung Jin-soo: I am not aware of that.