Skip to Content
AP National

Elvis Presley’s granddaughter fights company’s attempt to sell Graceland estate

By
Published 7:33 AM

By ADRIAN SAINZ
Associated Press

MEMPHIS, Tenn. (AP) — The granddaughter of Elvis Presley is fighting plans to publicly auction his Graceland estate in Memphis after a company attempted to sell the property based on claims that a loan using it as collateral was not repaid. Court documents show a public auction for the estate had been scheduled for this Thursday. But a judge blocked the sale after Presley’s granddaughter Riley Keough sought a temporary restraining order and filed a lawsuit. A public notice for a foreclosure sale of the estate says Graceland controller Promenade Trust owes nearly $4 million after failing to repay a 2018 loan to an investment company. Graceland says the company’s claims are fraudulent.

Article Topic Follows: AP National

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content