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Company Abandons Plan to Auction Elvis’ Graceland After Judge Stalls Foreclosure

Posted on AllSides May 23rd, 2024
From The Left

A company that had sought to auction off Elvis Presley’s Graceland mansion in Memphis will no longer proceed after a judge blocked the foreclosure following explosive claims of fraud. A representative for Naussany Investments & Private Lending LLC on Wednesday told Reuters that it would withdraw its claims over the property. The news agency was informed about the decision shortly after a Tennessee judge issued an injunction for the sale and indicated that Elvis’ granddaughter, Riley Keough, would likely win her lawsuit against the company. The Hollywood actress had accused...

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