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Riley Keough, the 34-year-old granddaughter of Elvis Presley, has gained her battle. The general public sale of Graceland, Elvis Presley’s property, has been halted. For now not less than.
Keough, 34, the property’s rightful proprietor, opposed the sale of Graceland. The property was scheduled to go underneath the hammer on Thursday. The earlier proprietor, Presley’s daughter Lisa Marie, is claimed to have taken out a mortgage of practically $4 million in 2018 utilizing Graceland as collateral. When she died final yr on the age of 54, it was stated that the mortgage had not been repaid.
Naussany Investments needed to promote the property to get their cash. Nonetheless, in response to Keough, who inherited the property after Lisa Marie’s loss of life, her mom had by no means borrowed cash and the paperwork supporting the mortgage had been fraudulently ready.
In keeping with Keough, the mortgage paperwork was created and her mom’s signature was reported.
Attendance
The actress filed a lawsuit to cease the Graceland public sale, which was scheduled for Thursday.
Elvis Presley Enterprises, which manages Graceland and the Elvis Presley Belief fund, claims in response to Keough that the mortgage by no means occurred and that Lisa Marie didn’t signal such a mortgage.
READ IN. Elvis’ Grandson Challenges Graceland Sale: “Signature Was Created”
The choose in Memphis dominated for Keough on Wednesday and concluded that Graceland is exclusive. The public sale would trigger “irreparable injury” to the Presley household and the town of Memphis.
Nonetheless, the case shouldn’t be fully over as Naussany Investments can nonetheless enchantment.
2024-05-22 20:46:43
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