A creditor has filed a claim of 100 million won in attachment against Min’s property, though the specific reason for the claim remains undisclosed.
A real estate provisional attachment is a legal measure allowing creditors to secure a debtor’s assets to potentially enforce a future ruling, such as auctioning the property.
According to the property registry, Director Min purchased a small apartment in Yeonnam dong, Seoul, for 387 million won in 2011.
Based on KB Real Estate, the average home price in Yeonnam dong, Mapo gu, Seoul, is now around 985 million won.
The creditor’s claim of 100 million won against Min remains without a stated cause.
That Min Hee Jin’s home has been placed under temporary seizure has been verified.
Although the reason for the claim is still unknown, a creditor has filed an attachment claim for 100 million won against Min’s property.
According to a report by the real estate industry on November 10, Min’s residence in Yeonnam Dong, Mapo Gu, Seoul, was the subject of a court notice of attachment. The creditor’s application for attachment was granted by the Seoul Western District Court on September 23.
A real estate provisional attachment is a court order that gives creditors the ability to seize a debtor’s assets in order to possibly enforce a future judgment, like selling the property at auction. Creditors frequently seek provisional attachment to stop the debtor from selling assets in the interim because it can take several months to receive a final judgment following the filing of a lawsuit.
Director Min paid 387 million won for a modest apartment in Seoul’s Yeonnam Dong in 2011, according to the property registry. Since the house was purchased thirteen years ago, it is presumed that it has increased in value. The average cost of a home in Yeonnam Dong, Mapo Gu, Seoul, is currently approximately 985 million won, according to KB Real Estate.
No reason has been given for the creditor’s 100 million won claim against Min. However, as was previously reported, Min talked about her financial status at the ‘2024 Hyundai Card Da Vinci Motel’ event, saying, “I may have to sell my house due to legal fees, which have totaled 2.3 billion won. “.
Bang Si Hyuk is HYBE’s largest shareholder, and Min is still embroiled in a management rights dispute with the company. In light of allegations of an “ADOR management takeover,” HYBE has filed a criminal complaint against Min, alleging breach of duty. “..”.
Min’s position was further impacted when the court recently rejected her application for temporary reinstatement as CEO. Due to insufficient qualifications, the injunction was dismissed and returned without review. Min is also the target of criminal and civil lawsuits from Source Music and Belift Lab, two more HYBE affiliates.
