Elvis Presley's granddaughter wants to stop the Graceland auction

The granddaughter of Elvis PresleyDanielle riley keough has filed a lawsuit to stop the auction of Gracelandthe iconic mansion of the 'King of Rock & Roll' that was scheduled for May 23.

The current owner of the late singer's property claims fraud on the part of the alleged company responsible for the sale, which assures that it does not exist and has no right to the property.

Riley Keough, actress and granddaughter of Elvis Presley, states in its lawsuit that the company Naussany Investments & Private Lending LLC, which claims to hold the title deed, is a bogus entity created for the purpose of committing fraud. According to court documents obtained by CNN, Keough is seeking an injunction to temporarily halt any attempted sale until a court rules on the merits of the case.

The conflict over the legendary mansion then arose Lisa Marie PresleyKeough's mother and sole heir to Graceland after Elvis' death in 1977, reportedly applied for a loan from $3.8 million, where a deed of trust for the real estate is offered as collateral. As we recall, Danielle's mother died in January 2023, leaving her daughter Riley as heir to her grandfather's mansion and valuable estate, worth hundreds of millions of dollars.

“These documents are fraudulent,” Keough claims in his lawsuit. “Lisa Marie Presley never borrowed money from the financial company or transferred any trust to it.” Graceland, one of the largest tourist attractions in the southern United States and the second most visited house of the country after the White House, it has become an emblematic place that attracts hundreds of thousands of visitors every year.

The history of the country house

Elvis Presley bought the mansion in 1957 at the age of 22 for $100,000, thanks to the enormous success of his musical career. The villa, which has 23 rooms, gardens, stables and a fence designed by the singer himself, was a gift to his parents and became their usual residence. He lived here until his death in 1977, at the age of 42, due to a heart attack.

After his death his widow Priscilla Presley He turned Graceland into a museum to pay for the expensive annual maintenance, which amounted to more than half a million dollars. Since opening to the public in 1982, the residence has attracted more than 650,000 tourists a year and has become a place of pilgrimage for followers of the 'King of Rock and Roll'.

The garden of the house contains the graves of most of the Presley family, including Elvis, his parents Gladys and Vernon, and his only daughter, Lisa Marie Presley.

This lawsuit, filed by Riley Keough highlights the complex legal and emotional issues surrounding the legendary mansion and underlines its historical and sentimental importance to the Presley family and his countless followers around the world.

Source link

Leave a Comment

link link link link link