plaintiff: []
defendant:
- MAK KWONG YIU (麥光耀) (D1)
- CHAN LAI YEE (陳麗兒) (D2)
- WONG SHUK ON (黃淑安) (D3)
- LEE YICK MING (李易明) (D4)
jurisdiction_code: HKCFA
jurisdiction_name: 香港特別行政區終審法院
case_location:
- 香港特別行政區
case_reason: >-
  HKSAR appeals against the Court of Appeal's decision in FACC No. 1 of 2025 regarding the prosecution
case_object:
- legal interpretation of transactional agreements
- conspiracy to defraud
judgment_result:
- charge: Placement/sub-placement agreements were continuing connected transactions (liability issue)
  result: Disallowed. The Court did not hear argument directed to whether the placement/sub-placement
    agreements were continuing connected transactions and therefore expressed no view as to whether they
    were.
judgment_summary: >-
  In this case, the Hong Kong Special Administrative Region (HKSAR) appealed against a decision in FACC
  No. 1 of 2025 regarding the prosecution of MAK KWONG YIU and others for conspiracy to defraud. The core
  issue was whether the placement/sub-placement agreements were continuing connected transaction
involved_entities:
- entity_name: Mr Justice Ribeiro PJ
  reason: Presiding judge in this case, responsible for fact-finding and adjudication.
- entity_name: Mr Justice Fok PJ
  reason: Presiding judge in this case, responsible for fact-finding and adjudication.
- entity_name: Mr Justice Lam PJ
  reason: Presiding judge in this case, responsible for fact-finding and adjudication.
- entity_name: Mr Justice Stock NPJ
  reason: Presiding judge in this case, responsible for fact-finding and adjudication.
- entity_name: Sir William Young NPJ
  reason: Presiding judge in this case, responsible for fact-finding and adjudication.
- entity_name: HKSAR
  reason: Appellant in the case.
- entity_name: MAK KWONG YIU (麥光耀) (D1)
  reason: Respondent in the case.
- entity_name: CHAN LAI YEE (陳麗兒) (D2)
  reason: Respondent in the case.
- entity_name: WONG SHUK ON (黃淑安) (D3)
  reason: Respondent in the case.
- entity_name: LEE YICK MING (李易明) (D4)
  reason: Respondent in the case.