Brazil’s Batista May Face Trial Within One Year, Lawyers Say

Brazil’s criminal case against former billionaire Eike Batista will be a complex one that may take a year to come to trial and as long as 10 years to be fully resolved, lawyers said.

Brazil's Batista faces insider trading probes

(Reuters) - Eike Batista, who was Brazil's richest man for most of the past decade, is under investigation by securities industry watchdog CVM for allegedly engaging in insider trading while he chaired his now-bankrupt oil-producing and shipbuilding firms.

Brazil's Batista steps down as chairman of MPX

SAO PAULO (AP) -- Eike Batista, not long ago Brazil's richest man, has resigned as chairman of energy company MPX Energia after it was forced to call off a planned IPO, the company said Thursday.

OGX down 39 percent as Brazil oil company fights to survive

(Reuters) - Brazilian billionaire Eike Batista's flagship oil company OGX Petroleo e Gas SA (OGXP3.SA) slashed capital spending on Monday and pulled the plug on three offshore oil prospects, the latest move by his EBX Group to bolster finances and avert collapse.

Eike Batista to Invest in Brazilian Music Festival

Eike Batista, the Brazilian billionaire who made a fortune in the oil, gas and mining industries, is making a move into the music business.