Brazil: Court suspends sale of Eike Batista’s assets to pay off bankruptcy creditors
The second instance of the Court of Appeals of the State of Minas Gerais (TJ-MG) suspended the sale of the...
September 13, 2022Topic
Eike Batista
Former Brazilian tycoon Eike Batista’s mining company declared bankrupt
A Rio de Janeiro court declared Wednesday the bankruptcy of MMX Mineração e Metálicos, the mining company controlled by former...
May 19, 2021
Brazil’s Former Billionaire Eike Batista Sentenced to 30 Years
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Once Brazil’s wealthiest man, businessman Eike Batista was sentenced...
July 4, 2018
Brazil’s Eike Batista Found Guilty of Insider Trading
Brazil’s Securities and Exchange Commission (CVM) ordered the businessman to pay a fine of R$21 million for insider trading operations...
June 14, 2017
Brazil’s Ex-Billionaire Eike Batista Returns to Rio and Sent to Jail
Accused of paying US$16.5 million to ex-governor Sergio Cabral in bribes, executive sits in jail cell with others accused in...
January 31, 2017
Brazil’s Batista on Interpol List to be Arrested and Extradited
Batista is charged with paying approximately US$16.5 million-worth in bribes to former Rio de Janeiro governor Sergio Cabral.
January 27, 2017
Brazil Issues Arrest Warrant for Billionaire Eike Batista
The Lava Jato investigation found that Batista paid former governor Sergio Cabral US$16.5 million in bribes, putting the money in...
January 26, 2017
Brazil’s Ex-Finance Minister Arrested in Lava Jato Probe
The thirty-fourth phase of the Lava Jato investigation included the arrest of former Minister Guido Mantega for corruption, fraud and...
September 22, 2016
Rio’s Marina da Glória Reopens in Time for the Olympics
The Marina da Glória, in Flamengo, was once again opened on Thursday April 7th. For almost a decade access to...
April 12, 2016