The law was enacted following Russia's invasion of Ukraine. Kyocera, a printer and document solutions company, filed the lawsuit in late July.
“For the past 18 months,Treasury has been dedicated to implementing this law fully and effectively. Staff have devoted thousands of hours to overseeing its implementation,” said Danielle Currie, deputy director of communications.
“We are sending a strong message today to Vladimir Putin and his cronies in Belarus that their actions will not be tolerated,” Murphy said when he signed the law. U.S. District Court Judge Robert Kirsch granted Kyocera’s request for a temporary restraining order in August, prompting the New Jersey Treasury Department to halt any further implementation as it continues to defend the law in court., Kirsh said Kyocera “is likely to succeed on the merits of its claims that is unconstitutional” and “the public good is served by an entry of a temporary restraining order.
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