Legal professionals for the actress Riley Keough, the granddaughter of Elvis Presley, have sued to cease what they are saying is a fraudulent scheme to promote Graceland, the household’s cherished former dwelling in Memphis.
Court docket papers that Ms. Keough’s legal professionals filed this month declare that an organization planning to public sale off Graceland is fraudulently claiming that her mom — Elvis’s daughter, Lisa Marie Presley, who died in 2023 — had borrowed cash and put Graceland up as collateral. The papers say that the corporate, Naussany Investments & Non-public Lending LLC, “seems to be a false entity” and that the paperwork it offered concerning the mortgage had been additionally faux.
“There is no such thing as a foreclosures sale,” Elvis Presley Enterprises, which operates Graceland, stated in an announcement, through which it additionally stated that the lawsuit had been filed to “cease the fraud.”
Graceland, a well-liked vacationer attraction, is a serious supply of earnings for Elvis Presley Enterprises and the household belief.
A consultant for Ms. Keough, who controls her family’s trust, didn’t instantly reply to a request for touch upon Tuesday. A lawyer representing Keough within the case additionally didn’t reply.
Months after Lisa Marie Presley died, Naussany Investments offered paperwork claiming that she had borrowed $3.eight million from the corporate and “gave a deed of belief encumbering Graceland as safety,” in response to courtroom papers filed in Shelby County, Tenn. Copies of the paperwork had been offered to The New York Instances by Elvis Presley Enterprises.
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