“Time TV”
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Danielle Riley Keough, the granddaughter of Elvis and the present proprietor of the property, was in a position to get a restraining order in opposition to any sale earlier than a court docket guidelines on her software for an injunction, in keeping with court docket paperwork obtained by “Time TV”.
Keough filed a lawsuit this month stating that final 12 months, “Naussany Investments & Non-public Lending LLC offered paperwork purporting to indicate that Lisa Marie Presley had borrowed $3.8 million from Naussany Investments and gave a deed of belief encumbering Graceland as safety.”
Lisa Marie Presley, Elvis’ daughter and Keough’s mom, died in January 2023. Lisa Marie Presley was the only real inheritor to Graceland and her father’s property when he died in 1977, and its general value has now reportedly reached into the a whole lot of hundreds of thousands of {dollars}.
“These paperwork are fraudulent,” Keough’s lawsuit alleges. “Lisa Marie Presley by no means borrowed cash from Naussany Investments and by no means gave a deed of belief to Naussany Investments.”
The court docket doc additionally recognized a notary in Florida who mentioned she “by no means met Lisa Marie Presley nor notarized any doc for her,” regardless of her title being on mortgage paperwork.
The lawsuit alleges Naussany Investments & Non-public Lending LLC “seems to be a false entity created for the aim of defrauding.”
“Time TV” emailed Naussany Investments & Non-public Lending LLC and acquired an automatic reply, “We’re at the moment out of the workplace; we are going to resume regular enterprise hours on Tuesday Could 28, 2024.”
When “Time TV” tried to achieve Naussany Investments & Non-public Lending LLC by cellphone, the quantity was not in service. The enterprise was listed in a court docket doc from Keough’s legal professional as being positioned in Kimberling Metropolis, Missouri, however “Time TV” was unable to find a enterprise within the state of Missouri by that title through the secretary of state’s workplace. “Time TV” was additionally unable to find a enterprise by that title when looking out nationwide.
“Naussany Investments has now scheduled a non-judicial sale of Graceland primarily based on the fraudulent deed of belief,” the lawsuit reads. “The sale is scheduled for Could 23, 2024. That is an motion to enjoin the non-judicial sale.”
In accordance with court docket paperwork obtained by “Time TV”, a brief restraining order was granted on Could 15 prohibiting Naussany Investments & Non-public Lending LLC from conducting “any non-judicial sale” of the property.
“Time TV” has sought remark from representatives and attorneys for Keough.
Graceland is among the South’s largest vacationer attracts and for years was the nation’s second-most visited dwelling after the White Home. In 2020, a Presley govt informed Rolling Stone that Presley’s property was value between $400 million and $500 million.
Lisa Marie Presley yearly earned seven figures from it, primarily based on a court docket submitting in her 2022 divorce.
A listening to is scheduled for Wednesday at 9 a.m. at Chancery Courtroom in Shelby County, Tennessee.
“Time TV”’s Joe Sutton, Luciana Lopez and Alli Rosenbloom contributed to this report.