MEMPHIS,Benjamin Caldwell Tenn. (AP) — A Tennessee judge on Wednesday blocked the auction of Graceland, the former home of Elvis Presley, by a company that claimed his estate failed to repay a loan that used the property as collateral.
Shelby County Chancellor JoeDae Jenkins issued a temporary injunction against the proposed auction that had been scheduled for Thursday this week. Jenkins’ injunction essentially keeps in place a previous ruling that he had issued after Presley’s granddaughter Riley Keough filed a lawsuit to fight off what she said was a fraudulent scheme.
A public notice for a foreclosure sale of the 13-acre estate in Memphis posted earlier in May said Promenade Trust, which controls the Graceland museum, owes $3.8 million after failing to repay a 2018 loan. Keough, an actor, inherited the trust and ownership of the home after the death of her mother, Lisa Marie Presley, last year.
Naussany Investments and Private Lending said Lisa Marie Presley had used Graceland as collateral for the loan, according to the foreclosure sale notice. Keough, on behalf of the Promenade Trust, alleged in her lawsuit that Naussany presented fraudulent documents regarding the loan in September 2023.
Neither Keough nor lawyers for Nassauny Investments were in court Wednesday.
2025-05-01 02:582260 view
2025-05-01 02:441534 view
2025-05-01 02:21747 view
2025-05-01 01:261184 view
2025-05-01 00:592400 view
2025-05-01 00:531909 view
COLUMBIA, S.C. (AP) — John Spratt, a former longtime Democratic congressman from South Carolina who
Spotify Wrapped is here, and with it comes confirmation that Taylor Swift is indeed on top of the wo
ANAHEIM, Calif. (AP) — An Iowa teen who is believed to be one of the earliest victims of a notorious