Brazilian appeals court authorizes Joesley Batista to go back to JBS parent J&F

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In a court decision, Judge Rogerio Schietti said it no longer made sense to bar Joesley from positions in the companies in which he is a controlling shareholder. He has been barred from holding positions since 2018, due to a restraining order in a federal police probe on insider trading.

Lawyer Pierpaolo Bottini said the decision is effective immediately.