- The Presley family is fighting over Graceland
- A judge has deemed it cannot be foreclosed for now
- It means respite for the family and Riley Keough
Riley Keough, the granddaughter of Elvis, is fighting tooth and nail against a shadowy entity, Naussany Investments & Private Lending LLC, which claims ownership over the estate due to an alleged unpaid loan by Lisa Marie Presley, Riley's late mother. With accusations of forgery and fraud swirling, the future of this historic mansion hangs in the balance.
A long saga
In a twist worthy of a Hollywood thriller, Graceland's fate is being contested in a Tennessee courtroom. The legendary estate of Elvis Presley, a beacon for music lovers worldwide, is now the stage for a gripping legal showdown. Riley Keough, the heir to the Presley legacy, is up against a company that's as mysterious as it is controversial.
Naussany Investments & Private Lending LLC, the company with claims on Graceland, alleges that Lisa Marie Presley had secured a hefty $3.8 million loan with the estate as collateral. But here's the catch - Riley Keough and Elvis Presley Enterprises are crying foul, labeling these claims as nothing short of fraudulent.
Breaking news!
Chancellor JoeDae Jenkins has put a temporary halt to the auction of Graceland, citing potential "irreparable harm" to Keough and questioning the legitimacy of Naussany's claims. With forged documents and a notary public's affidavit in play, the plot thickens, leaving fans and followers on the edge of their seats.
Chancellor JoeDae Jenkins said that a planned foreclosure sale of Graceland, Elvis Presley’s historic Memphis home, would be postponed at least until a future hearing determines who maintains rightful ownership of the estate. A bizarre series of events set the late singer’s granddaughter against a mysterious company that claimed Elvis’ daughter gave it Graceland’s deed
"The estate is considered unique under Tennessee law, and in being unique the loss of the real estate will be considered irreparable harm," Jenkins said.
Riley Keough, not just an actor but the keeper of the Presley flame, finds herself in the eye of the storm. Following her mother's death, the responsibility of preserving Elvis's legacy falls on her shoulders. From Hollywood hits to a personal battle for her heritage, Keough's story is one of resilience and determination.
Elvis Presley Enterprises, the company that manages Presley’s estate, concurred that Naussany’s claim was illegitimate.
"Elvis Presley Enterprises can confirm that these claims are fraudulent," the company said. "There is no foreclosure sale. Simply put, the counter lawsuit has been filed is to stop the fraud."
Also interesting:
Against alleged scam!
Riley Keough Fights To Save Graceland From "Fraudulent" Foreclosure
Keeping her memory alive
Riley Keough Announces Lisa Marie Presley's Posthumous Memoir
Despite the legal turmoil, Graceland remains a symbol of Elvis Presley's enduring legacy. The estate, a mecca for Elvis fans, continues to draw visitors from around the globe, all eager to pay homage to the King of Rock 'n' Roll.
