A Tennessee judge deferred ruling on an attempt to sell Graceland, Elvis Presley's former home, due to a lawsuit filed by his granddaughter, Riley Keough, against a company claiming Lisa Marie Presley had put Graceland up as collateral. The case will continue as more evidence is needed.
Lawyers for Keough argued that the company attempting to auction Graceland was a false entity and had presented fake documents claiming Lisa Marie Presley had borrowed money. The next hearing date is unclear.
Graceland, a significant income source for Elvis Presley Enterprises and the family trust controlled by Riley Keough, was put at risk of being auctioned by a company accused of fraudulent actions.
Naussany Investments, the company behind the attempted auction, failed to respond to attempts to reach them through provided contact information in the court documents.
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