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RMJM's subsidiaries put into receivership

SCOTLAND'S largest architecture firm RMJM Group has performed a major corporate shake-up by putting three of its subsidiaries into receivership.

BIGGER PICTURE: Peter Morrison said restructuring was essential due to the global recession which has hit UK construction. Picture: Steve Cox
BIGGER PICTURE: Peter Morrison said restructuring was essential due to the global recession which has hit UK construction. Picture: Steve Cox

Insolvency professionals were appointed to RMJM Limited, RMJM Scotland and RMJM London after directors concluded the businesses could no longer continue to trade.

In a statement, RMJM Group, run by Sir Fraser Morrison and his son Peter, said there was "a deep sense of regret" over the move.

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