Riley Keough Successfully Halts Graceland Foreclosure Sale Amid Allegations of Fraud
!Riley Keough
Memphis, TN — In a dramatic legal battle, actress Riley Keough, granddaughter of the legendary Elvis Presley, has emerged victorious in her fight to prevent the foreclosure sale of Graceland. The iconic mansion, once home to the King of Rock ‘n’ Roll, was slated for auction, but Keough’s legal maneuvering put a halt to the proceedings.
The Allegations
Keough filed a lawsuit against Naussany Investments and Private Lending LLC, the company behind the planned sale. The creditor claimed that Keough’s late mother, Lisa Marie Presley, had used the deed to Graceland as collateral for a $3.8 million loan. However, Keough’s lawsuit alleged that Naussany Investments was a “false entity created for the purpose of defrauding” the trust that owns Graceland. The court documents further contended that the loan-related paperwork contained “forgeries” of Lisa Marie’s signatures1.
The Legal Victory
Shelby County Chancellor JoeDae Jenkins ruled in favor of Keough, granting her a temporary injunction to stop the foreclosure sale. The judge cited the uniqueness of Graceland under Tennessee law, emphasizing that losing the estate would cause “irreparable harm.” Keough’s legal team successfully argued that the alleged fraud surrounding the loan documents warranted immediate intervention1.
The Notary Affidavit
One of the most compelling pieces of evidence in Keough’s case was an affidavit from a Florida notary named Kimberly Philbrick. Her signature appeared on several loan-related documents, including the promissory note and the deed of trust. However, Philbrick stated that she had never met Lisa Marie Presley and had never notarized any documents signed by her. The mysterious inclusion of her signature raised serious questions about the legitimacy of the loan proceedings1.
Elvis Presley Enterprises Responds
Following the court’s ruling, Elvis Presley Enterprises issued a statement: “As the court has now made clear, there was no validity to the claims. 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” 1.
Naussany Investments’ Silence
Attempts to reach Naussany Investments for comment were met with silence. Emails returned automated out-of-office responses, and phone calls led to disconnected lines. Kurt Naussany, named as a defendant, claimed he left the firm in 2015 and should not be involved in the lawsuit1.
In summary, Riley Keough’s legal battle has temporarily saved Graceland from foreclosure, shedding light on alleged fraud and raising questions about the authenticity of loan documents. The iconic estate remains a testament to Elvis Presley’s legacy, thanks to Keough’s determination and legal acumen2.
Social Plugin