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Will Presleys lose Graceland

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  • 21-05-2024 10:02pm
    #1
    JP Liz V1
    Registered Users Posts: 85,908 ✭✭✭✭


    Elvis Presley’s granddaughter is trying to halt the court-approved sale of Graceland, the late singer’s Memphis, Tennessee, compound.

    Riley Keough, a successful dramatic actor also known as Danielle Riley Keough, has filed a claim in Tennessee civil court that alleges the creditor behind the foreclosure claim used forged signatures.

    Keough, who was granted virtual control of Graceland Mansion and much of Elvis' estate after her mother, Lisa Marie Presley, died last year, alleges in the suit that the creditor's paperwork on a $3.8 million loan to Graceland trustees, with a deed of trust on the compound pledged as collateral, is fraudulent.

    In a statement, Elvis Presley Enterprises — the entity that runs Graceland and the assets of the Elvis Presley Trust — suggested the announced sale is a scheme.

    “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,” it said.

    The lawsuit, filed Wednesday in Shelby County Chancery Court, alleges that the loan never happened, that Lisa Marie Presley never gave it her signature, that the creditor — identified in a public notice of sale as Naussany Investments and Private Lending LLC — doesn't exist and that the loan's notary public never notarized it.

    The suit alleges the foreclosure sale, which had been scheduled for Thursday, would thus be "non-judicial" and based on lien paperwork that violates Tennessee law.

    Naussany Investments did not respond to a request for comment Monday. Kurt Naussany, named as a defendant because the suit claims he represented Naussany Investments, said by email that he left the firm in 2015 and should not be named in the filing.

    https://www.nbcnews.com/pop-culture/music/elvis-presley-granddaughter-fights-creditor-auction-graceland-rcna153191



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