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The previously reported (potential) demise of Italian coachbuilder Bertone has been confirmed, and the company has entered bankruptcy proceedings. The court has until the end of April to decide whether to shutter the business, which was founded in 1912, or find a buyer.

After going into bankruptcy protection, Bertone may very well be in the worst shape it's ever been in its 96-year history. But that doesn't mean there aren't enough companies out there interested in acquiring the famous carrozzeria's assets, including its venerated name.

Click above to see more of the Bertone BAT 11 concept