Elvis Presley’s estate is fighting what it says is a fraudulent scheme to auction off Graceland to the highest bidder.
An auction had been scheduled for Thursday this week, but a Memphis judge blocked it after Presley's granddaughter Riley Keough sought a temporary restraining order and filed a lawsuit, court documents show.
A public notice for a foreclosure sale of the 13-acre estate in Memphis posted earlier in May said Promenade Trust, which controls the Graceland museum, owes $3.8 million after failing to repay a 2018 loan. Keough, an actor, inherited the trust and ownership of the home after the death of her mother, Lisa Marie Presley, last year.
Details: https://ktla.com/entertainment/ap-elvis-presleys-granddaughter-fights-companys-attempt-to-sell-graceland-estate/
KTLA 5 News - Keeping Southern Californians informed since 1947.
An auction had been scheduled for Thursday this week, but a Memphis judge blocked it after Presley's granddaughter Riley Keough sought a temporary restraining order and filed a lawsuit, court documents show.
A public notice for a foreclosure sale of the 13-acre estate in Memphis posted earlier in May said Promenade Trust, which controls the Graceland museum, owes $3.8 million after failing to repay a 2018 loan. Keough, an actor, inherited the trust and ownership of the home after the death of her mother, Lisa Marie Presley, last year.
Details: https://ktla.com/entertainment/ap-elvis-presleys-granddaughter-fights-companys-attempt-to-sell-graceland-estate/
KTLA 5 News - Keeping Southern Californians informed since 1947.
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