Tennessee attorney general looking into attempt to sell Graceland in foreclosure auction

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Lisa Marie Presley News

Elvis Presley,Foreclosure Auction,Graceland

MEMPHIS, Tenn. (AP) — Tennessee's attorney general said Thursday that his office is looking into a company's attempt to sell Elvis Presley’s home Graceland...

MEMPHIS, Tenn. — Tennessee's attorney general said Thursday that his office is looking into a company's attempt to sell Elvis Presley’s home Graceland at a foreclosure auction, a move that was stopped by a judge after the king of rock n’ roll’s granddaughter filed a lawsuit claiming fraud.

A public notice for a foreclosure sale of the 13-acre estate posted earlier in May said Promenade Trust, which controls the Graceland museum, owes $3.8 million after failing to repay a 2018 loan. Keough, an actor, inherited the trust and ownership of the home after the death of her mother, A statement emailed to The Associated Press after Wednesday's ruling said Naussany would not proceed because a key document in the case and the loan were recorded and obtained in a different state, meaning that “legal action would have to be filed in multiple states.” The statement, which was sent from an email address listed in court documents, did not specify the other state.The court documents included addresses for the company in Jacksonville, Florida, and Hollister, Missouri.

"Graceland will continue to operate as it has for the past 42 years, ensuring that Elvis fans from around the world can continue to have the best in class experience when visiting his iconic home,” Elvis Presley Enterprises said in a statement.We've found lookalikes for the gold crochet bikini Heidi Klum wore in Cannes

 

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