Official text per PAM's consolidated English edition (2025). For guidance only; not legal advice.
The employment contract shall be deemed terminated in the following events: a. If a final verdict was issued declaring bankruptcy of the employer; b. If the establishment was permanently closed; In the event where the establishment is sold, merged with another establishment or transferred by inheritance, donation or other legal action, the work contract shall remain valid under the same conditions and the obligations and rights of the original employer towards the workers shall be transferred to the employer who has taken his place.
Source The English text is presented as the official January 2025 consolidated edition identified in the approved local source notes. The Arabic text is unofficial. This local snapshot was not independently verified against PAM by this directory.