TBA Law Blog


Posted by: Stacey Shrader Joslin on May 22, 2024

Naussany Investments, the company trying to foreclose on and sell Graceland, is dropping its effort, according to the Daily Memphian. The move comes after Shelby County Chancellor JoeDae Jenkins this morning postponed a planned auction. Naussany claims that Lisa Marie Presley failed to repay a $3.8 million loan she took out in 2018 using the property as collateral. Elvis Presley’s granddaughter Riley Keough sued Naussany after news of the sale broke. She claims the loan documents involving her mother had been forged.