A court in Le Puy-en-Velay, France, has ruled that Denis Lemercier of the holding company EPI will be the new owner of Les Tanneries du Puy, which went into administration in April 2010. The court had to decide between two legitimate bids for the company; the other came from the entrepreneur Jean-Michel Soquet. EPI has close ties to J.M.Weston, a luxury footwear brand and longtime customer of the leather company.