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Judge blocks foreclosure auction of Elvis Presley's Graceland

Sky News Thursday, 23 May 2024
A judge has blocked the auction of Elvis Presley's former home, by a company that claimed his estate failed to repay a loan which used the property as collateral.
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Video Credit: BANG Showbiz - Published
News video: Elvis Presley’s Graceland home sale has been halted by a judge after the singer’s family branded it 'fraudulent'

Elvis Presley’s Graceland home sale has been halted by a judge after the singer’s family branded it 'fraudulent' 01:53

After the late singer’s family declared it was “fraudulent”, the planned auction of Elvis Presley’s iconic Graceland mansion has been stopped by a judge.

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Elvis Presley Elvis Presley American singer and actor (1935–1977)

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Riley Keough Attempts to Save Graceland From Being Sold [Video]

Riley Keough Attempts to Save Graceland From Being Sold

Riley Keough Attempts to Save Graceland , From Being Sold. Keough, the granddaughter of Elvis Presley, has filed a legal complaint against Naussany Investments & Private Lending, 'The Guardian' reports. The complaint alleges that the private investment firm is attempting a "non-judicial" sale of Graceland. In Sept. 2023, the firm filed a lawsuit against the estate of Keough's mother, Lisa Marie Presley. Lisa Marie, who died in January of that year, allegedly owed the firm $3.8 million and used Graceland as collateral. However, Keough says that Naussany's claims are "fraudulent." . Lisa Marie Presley never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments, Riley Keough, via complaint. Keough goes on to say that the documents "purporting to evidence such a loan … are forgeries.". A public notice was posted on May 19 indicating that Graceland will be auctioned in Memphis on May 23. A public notice was posted on May 19 indicating that Graceland will be auctioned in Memphis on May 23. Keough's complaint prompted a judge to file a temporary restraining order. A hearing will take place on May 22

Credit: Wibbitz Top Stories    Duration: 01:31Published

Graceland Graceland Home of Elvis Presley in Tennessee, US


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