Graceland won’t be bought at public sale, not less than for now.
On Wednesday, a Tennessee decide deferred ruling on an obvious try and promote Graceland, Elvis Presley’s former house in Memphis, however saved a short lived injunction in place that might stop the property from going to public sale imminently.
The weird case got here into extensive public view this week when a lawsuit surfaced that had been filed by Mr. Presley’s granddaughter, the actress Riley Keough. In it, Ms. Keough sued to stop what her attorneys described as a fraudulent effort to public sale the house by an organization claiming that Lisa Marie Presley — Ms. Keough’s mom and Mr. Presley’s daughter — had borrowed $3.8 million and put Graceland up as collateral earlier than she died in 2023.
At Wednesday’s listening to at Chancery Courtroom in Shelby County, Tenn., the decide, Chancellor JoeDae L. Jenkins, mentioned he wanted to proceed the case, partially as a result of nobody confirmed up in individual to signify the defendants and partially as a result of he mentioned attorneys for Ms. Keough wanted to current further proof.
The defendants included an organization, Naussany Investments & Non-public Lending LLC, which had scheduled a sale of Graceland for Thursday, in response to courtroom papers. The courtroom mentioned it had acquired a submitting on Wednesday morning from a person named Gregory Naussany who had requested the courtroom to proceed the case.
It was not clear when the subsequent listening to would happen.
Attorneys for Ms. Keough had argued that the corporate seemed to be a “false entity.” In addition they claimed that the corporate had offered faux paperwork purporting to indicate that Ms. Presley had borrowed the cash and put Graceland up as collateral.
A number of makes an attempt to succeed in Naussany Investments by way of the e-mail addresses and telephone numbers listed for the corporate within the courtroom paperwork haven’t been profitable.
Graceland, a well-liked vacationer attraction, is a serious supply of earnings for Elvis Presley Enterprises and the household belief, which Ms. Keough controls.
