Article 434 Federal Labor Law

The following are causes of termination of the employment relationships:

I.Force majeure or fortuitous event not attributable to the employer, or his physical or mental incapacity or his death, that produces as a necessary, immediate and direct consequence, the termination of the work;

II.The notorious and manifest unprofitability of the operation;

III.The exhaustion of the matter that is the object of an extractive industry;

IV.The cases of Article 38; and

V.The insolvency or bankruptcy legally declared, if the competent authority or the creditors resolve the definitive closure of the company or the definitive reduction of its work.