Judge blocks effort to put Elvis Presley’s former home Graceland up for sale

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Judge Blocks Effort To Put Elvis Presley’s Former Home Graceland Up For Sale
Graceland Announces All-American Weekend This July, © Copyright Business Wire 2024.
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By Adrian Sainz, Associated Press

A Tennessee judge has blocked the auction of Graceland, the former home of Elvis Presley, by a company that claimed his estate failed to repay a loan which used the property as collateral.

Shelby County Chancellor JoeDae Jenkins issued a temporary injunction against the proposed auction that had been scheduled for Thursday this week.

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Presley’s granddaughter Riley Keough had filed a lawsuit.

A public notice for a foreclosure sale of the 13-acre estate in Memphis posted earlier in May said Promenade Trust, which controls the Graceland museum, owes 3.8 million dollars (£3 million) after failing to repay a 2018 loan.

Keough, an actor, inherited the trust and ownership of the home after the death of her mother, Lisa Marie Presley, last year.

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