Elvis Heir Riley Keough Fights Foreclosure Auction of Graceland
Riley Keough will not lose Graceland without battling it out in court. A Tennessee judge granted Elvis Presley’s heir a temporary restraining order blocking a proposed foreclosure sale of the rock-and-roll giant’s Memphis estate on May 20 with a hearing scheduled the day before the proposed May 23 sale, the Guardian reports. Keough, an actor and Presley’s granddaughter, first filed the legal complaint against Naussany Investments & Private Lending LLC on May 15, claiming the company is attempting “a non-judicial sale” of the famed property based on “fraudulent and unenforceable” unpaid loans, according to the suit. It even alleges that the documents “purporting to evidence such a loan … are forgeries.” The private investment company claims in its own lawsuit that Keough’s mother, the late Lisa Marie Presley, died with an outstanding $3.8 million loan that used Graceland as collateral. Looks like the Elvis trust issues aren’t as over as we thought they were.
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