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Elvis PresleyGraceland, the iconic mansion in Memphis, Tennessee, was in danger of foreclosure until the death of his actress granddaughter. Riley Keoughsucceeded in blocking the sale. daisy jones & the six The 34-year-old star recently filed a civil suit against Nowsany Investments and Private Lending seeking to block a real estate auction. As a result of her quick action, Graceland’s foreclosure has been halted until further notice.
Riley serves as the sole trustee of Graceland since her late mother. lisa marie presleyHe died in January 2023.
Riley said in a civil lawsuit he filed earlier this month that the property auction by Nowsunny Investments and Private Lending was “fraudulent.” According to multiple news outlets, the actress claimed that her mother “never borrowed money from Nowsany Investments and never handed over her trust deed to Nowsany Investments.”
Riley also asked the court to grant a restraining order against the creditor or “any party in collusion” to prevent any “non-judicial sale of the property.” She further claimed that the business was “not real” and was only “set up for the purpose of defrauding” Riley’s Promenade Trust.
![Riley Keough](https://hollywoodlife.com/wp-content/uploads/2024/05/riley-embed-.jpg?quality=100&w=650)
![Riley Keough](https://hollywoodlife.com/wp-content/uploads/2024/05/riley-embed-.jpg?quality=100&w=650)
Elsewhere in the lawsuit, Riley alleges that Lisa’s signature was forged on the alleged loan documents. The notary named as a witness also stated that she had never met Lisa Marie. Yahoo!news
“The notes and deeds of trust are fraudulent and unenforceable,” Riley argued in court documents, adding that “anyone involved in the creation of such documents is believed to be guilty of forgery.”
Elvis Presley Enterprises reportedly supported Reilly’s claims against Nowsunny Investments and Private Lending. her grandmother is priscilla presleyaccording to X, even called the situation a “fraud.” post she tweeted on Monday, May 20th.
Previously, 78-year-old Priscilla and Riley were embroiled in a legal battle over the Graceland property due in mid-2023. After Lisa Marie’s death, Priscilla filed a legal challenge over her late daughter’s trust, noting that Riley had been removed as her trustee. Nevertheless, they reconciled in August 2023 and Riley was declared the sole trustee of Lisa Marie’s estate. At the time, Riley spoke about the situation in an interview. vanity fair, She defended her grandmother as a “beautiful woman” who “contributed greatly to my grandfather’s legacy and the creation of Graceland.”
“It means so much to her. He was the love of her life,” Riley told the publication, adding. family and heritage. That’s what her life is all about. ”