Elvis Presley’s granddaughter, Riley Keough, 34, took legal action against an auction of the famous Graceland mansion in Memphis, Tennessee. She is the current owner of the mansion.
She filed a lawsuit calling the auction a sham. Her lawyer got a temporary restraining order on the sale. A preliminary injunction hearing is scheduled for Wednesday (22).
According to the New York Post, the publication, Keough is traumatized and never imagined that a historic property could even be considered at auction and could go into the hands of strangers.
A mortgage foreclosure auction was scheduled for next Thursday (23). A notice from the Shelby County Circuit Court states that Graceland and surrounding properties would be sold to the highest cash bidder.
Naussany Investments and Private Lending’s version is that Keough’s mother, Lisa Marie Presley, took out a US$3.8 million loan in 2018 and used the iconic mansion, where Elvis’ remains are located, as collateral. .
And they claim that Lisa Marie would never have paid the debt. She died in 2023, aged 54. Keough argues that the loan is fake.
The property also has a museum with notable objects from the rocker’s career and attracts tourists.
Source: Folha
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