Regency Advantage Ltd. Partnership v. Bingo Idea-Watauga, Inc.

This case presents the question of an as-signee’s liability for its predecessor-in-interest’s alleged breach of a lease and a contract to pay a real estate commission. Because any breach of the lease occurred before the original lessor transferred its interest in the lease to the assignee and the lease obligation was not capable of successive independent breaches, we reverse the judgment of the court of appeals and render judgment for the assignee.

The Bingo Idea-Watauga, Inc. leased space in a shopping center from Texas American Bank (TAB). Bingo and TAB executed an amendment to the lease on…