Elvis Presley’s granddaughter, Riley Keough, is contesting a foreclosures public sale of Elvis’s iconic Graceland property in Memphis, Tennessee.
An organization referred to as Naussany Investments claims it loaned Elvis’ daughter, Lisa Marie Presley, $3.8 million in 2018. The corporate alleges she used Graceland as collateral to safe the mortgage.
Naussany Investments claims Lisa Marie by no means paid again the mortgage earlier than she died in January 2023.
The famed property, positioned on Elvis Presley Boulevard, was scheduled to be offered on the courthouse steps on Might 23, to fulfill the debt.
However Riley is contesting the court-approved foreclosures.
In a 60-page lawsuit in opposition to Naussany Investments, Riley insists her mom by no means borrowed any cash.
Riley, who inherited the property when her mom died, is adamant that Naussany Investments