Jones v. Dokos Enterprises, Inc.

In this case of first impression in the Commonwealth, we decide whether a lessee, who made security deposits to ensure performance of provisions in two separate leases, retains rights in those security deposits after he has assigned the leases. The trial court held that the assignee was entitled to the security deposits. Under the facts and circumstances of this case, we disagree. Therefore, we will reverse the judgment of the trial court.

Carl E. Jones, either individually or through his wholly owned corporation, J. W. Jones, Inc. (hereinafter collectively “Jones”), owned two McDonald’s…