Skip to content
WorldBrand.AI

RCR Tomlinson controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

Back to profile1 entries

  1. 2018

    Project cost overruns and corporate collapse

    Significant cost overruns on a project led to a prolonged suspension of trading, a capital-raising effort and a loss of confidence among creditors and market participants. Secured creditors withdrew support in November 2018, after which RCR entered voluntary administration. The administrators could not sell the complex group as a whole, and its divisions were broken up and sold.

    Source