New Jersey Narrowly Defines Anti-Russia Law, Following Kyocera Court Win
Trenton, New Jersey – New Jersey’s controversial law aimed at imposing state-level sanctions on Russian-backed companies has been significantly scaled back after a federal court ruling. The law, which initially had wide-ranging implications, sparked a legal battle when it ensnared the American subsidiary of Japanese electronics company Kyocera. However, U.S. District Court Judge Robert Kirsch issued a permanent injunction in December, deeming the state’s efforts to blacklist Kyocera unconstitutional. While Kirsch did not strike down the law entirely, he stated that it could be constitutional if applied to companies facing federal sanctions. In response to … Read more