Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2020
Chapter 11 bankruptcy filing
Following difficulties on major LNG and power projects and resulting financial pressure, McDermott filed for Chapter 11 protection. The filing included the parent company and 247 affiliated entities, and existing common shares were cancelled.
2018
TechnipFMC trade-secrets lawsuit
TechnipFMC sued McDermott alleging that trade secrets had been stolen. The available reference does not provide a verified final disposition of the case.