NewJeans' Danielle attends Omega event in Japan with Ador staff: report
Local news outlets uploaded video clips showing the idol in a black, off-shoulder dress that accentuated her chin-length blonde bob. She appeared at the event as a global ambassador of the brand, which she has endorsed since last year.
Danielle was accompanied by staff from her agency Ador, according to a local media outlet, a first since the group took legal action against the company.
A Seoul court on Tuesday rejected the members' appeal of an injunction filed by Ador, which banned the group's independent activities, again siding with the management company in its final ruling.
The group has been in conflict with Ador since November last year, when all members declared they had terminated their contracts with the agency.
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Korea Herald
5 days ago
- Korea Herald
Why NewJeans declined re-appeal — and how it could affect main lawsuit against Ador
Legal expert says main trial could take up to two and a half years NewJeans is facing what may be the most difficult moment in its short but high-profile career. The girl group chose not to re-appeal in a court case that had barred them from pursuing independent activities without their agency Ador. Under Korean law, a re-appeal to an injunction ruling must be filed within seven days of notification. Since NewJeans did not meet the deadline, the ruling became final at midnight on Wednesday. The injunction, upheld by the appeals court, recognized Ador as the group's legal agency and prohibited the members from signing advertising or commercial deals without Ador's involvement. NewJeans' decision not to contest the ruling suggests the group has opted to shift its focus — possibly to the main legal battle over the validity of its contract. Why the group declined to re-appeal Entertainment lawyer Bae Jin-sung of Law Firm Myoungjae believes there are two likely reasons for NewJeans' decision not to re-appeal. 'Trials in Korea go through three stages. The first and second instances are fact-finding trials, while the third is a legal review based on those facts,' Bae told The Korea Herald, Thursday. 'Since the factual circumstances haven't changed, NewJeans likely determined there was no legal merit in pursuing another appeal.' The second reason, Bae said, may have been strategic. 'They may have wanted to avoid appearing defiant of the court's decision, especially since it could influence the main lawsuit still in progress.' That main lawsuit began in January, when Ador filed a lawsuit to confirm the validity of its exclusive contract with NewJeans. The girl group had unilaterally announced the termination of its exclusive contract with the agency in November, citing a breach of trust. The case is currently in the first trial stage, with the third hearing set for July 24. While the recent injunction decision is technically separate from the contract validity case, Bae said it may carry indirect weight. 'The judge in the main case is not legally bound by the injunction ruling, but it could serve as a reference point and may have intangible influence,' he said. How long will the lawsuit take — and who stands to lose more? According to Bae, the main trial could take up to two and a half years, though some extreme cases take up to five years. 'Realistically, each trial level typically takes six months to a year, and even if the case goes all the way to the Supreme Court, it's unlikely to stretch out to five years,' he said. If NewJeans eventually wins, the earlier injunction that upheld Ador's status as NewJeans' agency would become void. This would allow the group to resume independent activities. However, Bae added that Ador could then raise a separate legal claim for lost revenue during the group's inactive period — setting the stage for further litigation. The stakes are high. NewJeans, which debuted in July 2022, is in a key growth phase when constant activity is vital to maintaining its momentum. In contrast, Ador has less to lose, as it can create a new group. Bae also weighed in on NewJeans' legal argument, based on five claims — one of which was the dismissal of former Ador CEO Min Hee-jin. 'It's difficult to comment definitively without reviewing the evidence,' he said. 'But based on what has been made public, NewJeans' chances of winning seem low. 'For example, they cited Min's dismissal as a breach of contract, but that's a shareholder right. It's hard to legally frame that as a betrayal of trust or contractual violation,' he added.
Korea Herald
19-06-2025
- Korea Herald
S. Korea has 10th-most millionaires in world
South Korea had the world's 10th-highest number of millionaires globally last year, with 1.3 million individuals holding wealth exceeding $1 million, or 1.37 billion won, a report showed Thursday. According to the Global Wealth Report 2025, released by Swiss investment bank UBS, the figure marked a slight increase from 1.2 million recorded in 2023, placing the country 10th among 56 countries surveyed. There were about 60 million millionaires globally, holding a total of $226.47 trillion in wealth. The US topped the list with 23.8 million millionaires, accounting for 39.7 percent of all millionaires worldwide. The report noted that the millionaire population in the US rose by 379,000 throughout last year, meaning about 1,000 people joined the millionaire club each day. UBS projected that more than 5 million new millionaires will be created globally over the next five years, with the US playing a key role in that growth. China had the second-highest number of millionaires, with 6.3 million, followed by France (2.8 million), Japan (2.7 million), Germany (2.6 million), the United Kingdom (2.6 million), Canada (2 million), Australia (1.9 million) and Italy (1.3 million). A separate study revealed that the millionaire population in Seoul is declining amid economic and political uncertainties at home. The number of millionaires living in the city stood at 66,000 as of December last year, a decrease of 16,500 from 82,500 the previous year, according to the 2025 World's Wealthiest Cities Report 2 published in April by English citizenship investment advisory firm Henley & Partners and global wealth intelligence firm New World Wealth. The report cited the weakening of the Korean won as the main factor behind the decline. It did not provide a number for the country as a whole. The Korean currency fell sharply to 1,472.5 won against the US dollar in December last year, up 184.5 won, or 14 percent, from 1,288.0 a year earlier, industry data showed. The report also suggested that the country's turbulent political climate may have prompted a number of high-net-worth individuals to leave the country. Since Dec. 3, when former President Yoon Suk Yeol declared emergency martial law, Asia's fourth-largest economy has been in political turmoil, leading to his impeachment, removal from office, and an early presidential election. The country now has a new president, Lee Jae Myung.
Korea Herald
19-06-2025
- Korea Herald
NewJeans' Danielle attends Omega event in Japan with Ador staff: report
Danielle of NewJeans was spotted in Kyoto, Japan, attending a product launch event hosted by Swiss watchmaker Omega on Wednesday. Local news outlets uploaded video clips showing the idol in a black, off-shoulder dress that accentuated her chin-length blonde bob. She appeared at the event as a global ambassador of the brand, which she has endorsed since last year. Danielle was accompanied by staff from her agency Ador, according to a local media outlet, a first since the group took legal action against the company. A Seoul court on Tuesday rejected the members' appeal of an injunction filed by Ador, which banned the group's independent activities, again siding with the management company in its final ruling. The group has been in conflict with Ador since November last year, when all members declared they had terminated their contracts with the agency.
