Actress Riley Keough, granddaughter of Elvis, inherited the iconic Graceland estate when her mother, Lisa Marie Presley, passed in 2023, is now tasked with fighting its possible foreclosure.
According to documents filed in the Shelby County court system, Keough is pushing back against a claim from a company called Naussany Investments and Private Lending, which states that her mother took out a loan of $3.8 million with Graceland as collateral. The firm now claims that Lisa Marie defaulted on the loan in early 2023, prior to her death. Keough believes that signatures on the loan were forged.
Regardless, Keough needs to act fast, as the foreclosure auction is scheduled to take place just two days from now on May 23rd if no injunction is secured.
“Naussany Investments & Private Lending LLC appears to be a false entity created for the purpose of defrauding the Promenade Trust, the heirs of Lisa Marie Presley, or any purchaser of Graceland at a non-judicial sale,” reads an excerpt from Keough’s suit.
Keough goes on to reveal that the notary on the deed confirmed that she never notarized a promissory note or deed of trust that would lead to Graceland being included as collateral, nor did she ever meet Lisa Marie Presley.
The two opposing parties are scheduled to meet in Shelby County Chancery Court on Wednesday, May 22nd. Keough’s lawsuit can be read in full here.
