Elvis’ granddaughter desperately tries to dam sale of Graceland this week | Music | Entertainment | EUROtoday

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Graceland is not only the enduring house and place of relaxation for Elvis Presley and his shut household. It can be a spot of pilgrimage for thousands and thousands of followers worldwide.

Upon the deaths of her great-grandmother Minnie Mae and grandfather Vernon, Lisa Marie Presley grew to become the only real inheritor in 1979. When she died in January 2023 at simply 54, her eldest daughter Riley Keough inherited the property, though a really public authorized battle was then fought with Priscilla Presley. A settlement was reached granting Elvis’ ex-wife a lump sum of £818,000 from daughter Lisa Marie’s £20 million life-insurance coverage, and a cost of £81,000 a yr for ten years.

On May 19 this yr, a public discover was posted in native media saying the sale at public sale of The Memphis mansion and its surrounding land at Shelby County Courthouse. An funding firm is claiming that Lisa Marie died owing $3.8million and had used Graceland as collateral for a mortgage.

Naussany Investments & Private Lending filed the lawsuit in September final yr and the date set for the public sale is May 23.

Understandably, this can horrify Elvis followers. The property has been held in household palms because the singer’s loss of life in 1977 and has develop into a dwelling museum. The grounds additionally maintain intensive archives, which the general public has no entry to. Even their location is simply recognized to a only a few.

The upstairs space of Graceland has additionally all the time been off limits to everybody besides instant household like Lisa Marie after which her kids. Fans have all the time revered the sustaining of Elvis’ most non-public areas. But what is going to occur if the property is offered to the best bidder?

Riley Keough and Elvis Presley Enterprises have simply filed a brand new lawsuit in Shelby County Chancery Court to cease any try on the sale.

A press release stated: “Elvis Presley Enterprises can confirm that these claims are fraudulent. There is no foreclosure sale. Simply put, the counter lawsuit has been filed is to stop the fraud.”

The lawsuit disputes the veracity of the mortgage and Lisa Marie Presley’s signature on the paperwork. It additionally alleges that Naussany Investments and Private Lending LLC doesn’t really exist and that the mortgage was by no means notarized.

The swimsuit argues that the foreclosures sale would due to this fact be “non-judicial” and primarily based on paperwork that violates Tennessee legislation.

In one other extraordinary growth, Kurt Naussany, who is called as a defendant, responded by e-mail that he left Naussany Investments & Private Lending in 2015 and shouldn’t be named within the submitting.

The listening to for Riley Keough and Elvis Presley Enterprises is scheduled for Wednesday this week, the day earlier than the public sale.

Riley,34, is the eldest daughter of Lisa Marie Presley and Danny Keough. Her youthful brother Benjamin died in 2020 from a self-inflicted gunshot wound.

She is a two-time Golden Globe nominated actress who has starred in reveals together with Daisy Jones and the Six, The Girlfriend Experience and The Terminal List, in addition to motion pictures like Mad Max: Fury Road.