The previous dwelling and burial website of Elvis Presley is about to be bought at a foreclosures public sale on Thursday – however his granddaughter is trying to halt the court-approved sale of Graceland.
Actress and mannequin Riley Keough – Elvis’s granddaughter, who turned the brand new proprietor of Graceland when her mom Lisa Marie Presley died on the age of 54 in January 2023 – alleges in a lawsuit that the pending sale is “fraudulent”, experiences Sky’s US associate community NBC Information.
Riley Keough at this 12 months’s Primetime Emmy Awards in Los Angeles, California. Pic: Reuters
The case stems from a 2018 deed of belief Keough’s late mom – Elvis’s solely little one – allegedly signed, securing a $3.8m mortgage from Naussany Investments and Personal Lending LLC in Missouri.
The corporate says Graceland was used as collateral within the mortgage, which was by no means paid again.
However in new courtroom filings, Keough is preventing the sale of the Memphis, Tennessee, compound – claiming her mom by no means signed over something and by no means borrowed any cash.
In a press release to NBC Information, Elvis Presley Enterprises – the entity that runs Graceland and the property of the Elvis Presley Belief – steered the introduced sale is a scheme.
It mentioned: “Elvis Presley Enterprises can verify that these claims are fraudulent. There isn’t a foreclosures sale. Merely put, the counter lawsuit has been filed is to cease the fraud.”
The lawsuit filed on 15 Might in Shelby County Chancery Courtroom alleges the mortgage by no means occurred, Lisa Marie Presley by no means gave it her signature, the creditor – recognized in a public discover of sale as Naussany Investments and Personal Lending LLC – does not exist, and the mortgage’s notary public by no means notarised it.
Naussany Investments didn’t reply to a request for remark by NBC Information on Monday.
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Keough has reportedly been capable of get a brief restraining order towards any sale earlier than a courtroom guidelines on her software for an injunction.
A listening to on Keough’s declare is scheduled for Wednesday, in line with courtroom paperwork.
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For years the sprawling Graceland property has been the vacation spot for these paying tribute to Elvis.
He bought Graceland Mansion in 1957 and lived there till his dying in 1977.
