FILE - Fans wait in line outside Graceland Tuesday, Aug. 15, 2017, in Memphis, Tenn. A Tennessee judge on Wednesday, May 22, 2024, blocked the auction of Graceland, the former home of Elvis Presley, by a company that claimed his estate failed to repay a loan that used the property as collateral.
After the judge's decision Wednesday, a statement from someone who appeared to be a representative of the company said it would drop its claim, which the Presley estate has argued was based on fake documents. Online court records did not immediately show any legal filings suggesting the claim had been dropped.
“Lisa Maria Presley never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments,” Keough’s lawyer wrote in a lawsuit.
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