Elvis' Granddaughter Riley Keough Makes Major Move in Struggle to Protect Graceland Estate
Riley Keough
Riley Keough is doing everything she can to protect her family's Graceland estate.
Riley, the granddaughter of Elvis Presley, became the sole heir to the iconic Memphis property after the death of her mother Lisa Marie Presley in January 2023, and the journey since then has been anything but smooth sailing.
In her latest legal battle, the Under the Bridge actress moved to block a foreclosure sale of Graceland following claims from Naussany Investments & Private Lending LLC that Lisa Marie had taken out a $3.8 million loan from the company, and used the deed of the trust, including Graceland, as collateral.
But in new legal docs filed by Riley's lawyers on Monday, May 20, the 34-year-old called the claims "fraudulent," insisting that there is no such foreclosure sale.
"Lisa Marie Presley never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments," read court documents obtained by The Guardian. Riley's complaint also suggested that the company's purported evidence documents of the deed of trust are "forgeries."
Lawyers for the Daisy Jones & the Six star further claimed that the company "is not a real entity," and "appears to be a false entity created for the purpose of defrauding the Promenade Trust," which holds the entirety of Elvis' estate.
Even Priscilla Presley, who had her own fair share of legal woes with her granddaughter following Lisa Marie's death, spoke out against Naussany Investments' claims, calling their proposed foreclosure sale a "scam."
Riley asked the court on Monday to grant a restraining order against the company to stop them "from conducting any non-judicial sale of the property."
A temporary restraining order on the sale was granted on Monday, with an injunction hearing set to take place on Wednesday, May 22.
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