The ex-boss of NewJeans' record label has offered to forgo a 25.6bn won ($17.9m; £13.2m) payout if entertainment giant Hybe drops all lawsuits against the K-pop group.
Min Hee-jin said she "can no longer bear to watch" NewJeans get "torn apart" when its five members "should instead be standing happily on stage".
Hybe, whose client list includes K-pop royalty like BTS and Seventeen, said in December it had terminated the contract of NewJeans member Danielle Marsh and was suing her for contract violation and other damages.
The chart-topping band has been locked in a bitter feud with its label Ador, a Hybe subsidiary, since it sacked Min as the label's CEO in August 2024.
NewJeans, who saw Min as a mentor, announced they would leave the agency following her dismissal, but a South Korea district court ruled last October that they must honour their contract with Ador, which runs until 2029.
