Opinion ID: 3030964
Heading Depth: 2
Heading Rank: 1

Heading: introduction

Text: The Securities and Exchange Commission (“Commission”) seeks a temporary order preventing Gemstar-TV Guide International, Inc., (Gemstar”) [sic] from making any extraordinary payments to certain persons for a period of 45 days, under Sec- tion 1103 of the Sarbanes-Oxley Act of 2002. Respondent Gemstar does not oppose entry of an order maintaining the status quo. Intervenors Henry C. Yuen and Elsie Leung (collectively “Interve- nors”) oppose such an order because they contend: (1) they should be heard before any order is entered; (2) there is no reason to enter the order on an expe- dited basis; (3) the payments are not extraordinary under Section 1103; and (4) Section 1103 is uncon- stitutional.