Elvis Presley’s Granddaughter Fights Creditors’ Scheduled Graceland Auction

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

Riley Keough, a successful dramatic actor also known as Danielle Riley Keough, has filed a lawsuit in Tennessee civil court alleging that the creditor behind the foreclosure application used false signatures.

Keough, who gained virtual control of Graceland Mansion and much of Elvis’ estate after the death of his mother, Lisa Marie Presley last year, alleges in the suit that the creditor’s documents regarding a loan of $3.8 million to the trustees of Graceland, with a compound trust deed pledged as security, is fraudulent.

In a statement, Elvis Presley Enterprises – the entity that manages Graceland and the Elvis Presley Trust assets – suggested the reported sale was a ploy.

“Elvis Presley Enterprises can confirm that these claims are fraudulent. There is no foreclosure sale. Simply put, the countersuit was filed to stop the fraud,” he said.

The suit, filed Wednesday in Shelby County Chancery Court, alleges that the loan never happened, that Lisa Marie Presley never signed it, that the creditor — identified in a public notice of sale as Naussany Investments and Private Lending LLC – does not. exist and that the notary of the loan never notarized it.

The suit alleges that the foreclosure sale, which was scheduled for Thursday, would therefore be “non-judicial” and based on lien documents that violate 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 company in 2015 and should not be named in the filing.

A hearing on Keough’s claim was scheduled for Wednesday, according to court documents.

One of the two attorneys who filed Keough’s request for a temporary restraining order and injunction said he could not comment on the pending litigation.

Elvis purchased Graceland Mansion in 1957 and lived there until his death in 1977. Five years later, it was opened to the public as a music history theme park. Today, it attracts around 600,000 visitors a year, depending on location.

The late-life presence of Elvis, a white musician who introduced the music of black American youth and his own lascivious hips in the early 1950s, transformed the grounds into a hallowed rock’n’roll temple for the legions.

The heirs, including Keough, and his mother, Lisa Marie, Elvis’ only child, vowed to keep him in the family. The estate went into debt at times, but grandmother Priscilla, who turns 79 on Friday, was credited with the repayment.

The complex, where Elvis rests, occupies almost 14 acres.