Judge Overturns Decision after Attempt to Halt Boeing/Embraer Negotiations

A federal judge in São Paulo acted in favor of a class action moved by Brazilian congressman Paulo Pimenta and Carlos Zaratini from the worker’s party (PT) halting temporarily the merger of aircraft manufacturers Boeing and Embraer. According to the judge, the sentence was necessary to wait until the new president and the renovated congress have a chance to weight on the decision. The idea is to hold the deal before it gets to a no return point causing difficulties…