Bertone edges closer to bankruptcy
"I have no intention at all in being involved in legal battles," Domenico Reviglio said in a statement. The courts claimed Bertone Chief Lilli Bertone didn’t have the right to make the deal because she provided Reviglio shares that she didn’t fully control, reports Automotive News. Further, Lilli Bertone's daughters, Barbara and Marie Jeanne, considered the transaction illegal and sued to stop the sale.
Next month bankruptcy specialists will start investigating the firm and eventually place it under administration. This means that the Carrozzeria Bertone coachbuilder and its Stile Bertone design house may be shut down indefinitely but the hope is that administrators secure work for the firm within the next two years.
Seeing Bertone go under would be one of the saddest events in the auto world. The company was responsible for such greats as the Lamborghini Miura (pictured), Espada and Diablo and Lancia Stratos and the more recent Alfa Romeo GT. We just hope somebody steps in and buys Bertone or at least offers it a new manufacturing contract.