Judge blocks foreclosure sale of Elvis’ Graceland

The company that tried to auction off Elvis Presley's Graceland is being investigated for fraud.

The company that tried to auction off Elvis Presley's Graceland is being investigated for fraud. Photo: AAP

Elvis Presley’s Graceland home sale has been halted by a judge after the singer’s family branded it “fraudulent”.

The singer’s iconic Memphis mansion was set for sale on Thursday (US time) after it was supposedly found Elvis’ late daughter Lisa Marie Presley – who died aged 54 in January 2023 from a heart attack – had reportedly failed to pay a loan on the home.

But a judge in Tennessee’s Shelby County issued an order on Wednesday that stopped the estate auction going ahead this week.

“The court will enjoin the sale as requested because, one, the real estate is considered unique under Tennessee law,” Chancellor Joe Dae Jenkins said.

“In being unique, the loss of the real estate would be considered irreparable harm.”

Jenkins said Kimberly Philbrick, the notary who signed the 2018 deed of trust for Graceland, had said in a sworn affidavit that she did not notarise Lisa Marie’s signature.

This meant the signature and the authenticity of the deed was called into question.

Jenkins has also ordered a trial delay to allow the opposition time to defend claims made by Elvis’ heirs.

It comes days after Lisa Marie’s actress daughter Riley Keough, 34, filed a lawsuit on Monday to block an allegedly “fraudulent” attempt to sell her grandfather Elvis’ Graceland estate.

In her 60-page complaint, the Daisy Jones and the Six star claimed a company called Naussany Investments and Private Lending LLC was trying to defraud her family into selling Graceland by forging the signature of her late mother Lisa Marie – Elvis’ only daughter.

“As the court has now made clear, there was no validity to the claims,” Graceland and Elvis Presley Enterprises told People in a statement after the judge’s decision on Wednesday.

“There will be no foreclosure. 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 a best-in-class experience when visiting his iconic home.”

Elvis Presley Enterprises added in a separate statement: “There is no foreclosure sale. Simply put, the counter lawsuit [that] has been filed is to stop the fraud.”

Naussany had claimed that Lisa Marie borrowed $US3.8 million ($5.7 million) and gave it a deed of trust leveraging Graceland as security before her death.

Keough sued last week, on behalf of the Promenade Trust, sued last week, claiming that Naussany’s documents were fraudulent.

“Lisa Marie Presley never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments,” Keough’s lawyer wrote in court documents.

Keough’s grandmother, Elvis’s former wife Priscilla, posted about the case on Instagram on Tuesday, writing: “It’s a scam.”

Kurt Naussany, who was identified in court documents as a defendant, directed questions in an email to Gregory Naussany. Gregory Naussany told the Associated Press in an email: “The attorneys can make comment!”

Court records do not show a lawyer for the company.

The court documents included addresses for the businesses in Jacksonville, Florida, and Hollister, Missouri. Both were for post offices. Another address, in Kimberling City in Missouri, was for a post office box.

-with AAP

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