<p>Elvis Presley’s mansion, the Graceland Estate sale has been blocked as a judge ruled that the late icon’s estate failed to repay a loan that they used as a collateral.&nbsp;</p>

<p>The decision comes after Elvis Presley’s granddaughter, actor Riley Keough filed a lawsuit to halt the sale and called the foreclosure auction of the historic building “fraudulent”.</p>

<p>Shelby County Chancellor JoeDae Jenkins issued a temporary injunction against the proposed auction that had been scheduled for May 22.&nbsp;</p>

<p>A representative for Graceland told The Independent: “As the court has now made clear, there was no validity to the claims. There will be no foreclosure. Graceland will continue to operate as it has for the past 42 years, ensuring that Elvis fans from around the world can continue to have a best in class experience when visiting his iconic home.”</p>

<p>Elvis Presley’s granddaughter Riley Keough was named the sole owner and trustee of the family estate after the death of her mother, Lisa Marie Presley in 2023.&nbsp;</p>

<h2><strong>What is the non repayment of loan issue?</strong></h2>

<p>Earlier this month a public notice for a foreclosure sale of the 13-acre estate in Memphis was posted. It said that the Promenade Trust, which controls the Graceland museum, owes $3.8m (£2.9m) after failing to repay a 2018 loan.</p>

<p>According to the legal notice, Lisa Marie allegedly signed a Deed of Trust in 2018 to secure the loan through a Missouri company called Naussany Investments and Private Lending, using Graceland as collateral.</p>

<p>The icon Elvis Presley purchased the property for £102,500 in 1957. At the time, Elvis had just released hit songs like “All Shook Up” and “Blue Christmas”. He lived there until his death in 1977.</p>

<p>To stop the sale, Riley claimed that her mother’s signatures on the documents are forgeries, that the loan never transpired, that Naussany Investments is not a real company, and that the loan’s notary public did not notarise it.</p>

<h2><strong>The Graceland Estate&nbsp;</strong></h2>

<p>The Graceland estate was inherited by Lisa Marie upon the rock icon’s death and was opened to the public as a museum in 1982. It is one of the most visited places by Elvis Presley’s fans worldwide.&nbsp;</p>

<p>Also read:&nbsp;<a href="https://www.wionews.com/entertainment/bollywood/news-shah-rukh-khan-hospitalised-724327">Shah Rukh Khan hospitalised after suffering heat stroke</a></p>


Elvis Presley’s mansion, the Graceland Estate sale has been blocked as a judge ruled that the late icon’s estate failed to repay a loan that they used as a collateral.

Elvis Presley’s mansion, the Graceland Estate sale has been blocked as a judge ruled that the late icon’s estate failed to repay a loan that they used as a collateral. The decision comes after Elvis Presley’s granddaughter, actor Riley Keough filed a lawsuit to halt the sale and called the foreclosure auction of the historic building “fraudulent”. Shelby County Chancellor JoeDae Jenkins issued a temporary injunction against the proposed auction that had been scheduled for May 22. A representative for Graceland told The Independent: “As the court has now made clear, there was no validity to the claims. There will be no foreclosure. Graceland will continue to operate as it has for the past 42 years, ensuring that Elvis fans from around the world can continue to have a best in class experience when visiting his iconic home.” Elvis Presley’s granddaughter Riley Keough was named the sole owner and trustee of the family estate after the death of her mother, Lisa Marie Presley in 2023. What is the non repayment of loan issue? Earlier this month a public notice for a foreclosure sale of the 13-acre estate in Memphis was posted. It said that the Promenade Trust, which controls the Graceland museum, owes $3.8m (£2.9m) after failing to repay a 2018 loan. According to the legal notice, Lisa Marie allegedly signed a Deed of Trust in 2018 to secure the loan through a Missouri company called Naussany Investments and Private Lending, using Graceland as collateral. The icon Elvis Presley purchased the property for £102,500 in 1957. At the time, Elvis had just released hit songs like “All Shook Up” and “Blue Christmas”. He lived there until his death in 1977. To stop the sale, Riley claimed that her mother’s signatures on the documents are forgeries, that the loan never transpired, that Naussany Investments is not a real company, and that the loan’s notary public did not notarise it. The Graceland Estate The Graceland estate was inherited by Lisa Marie upon the rock icon’s death and was opened to the public as a museum in 1982. It is one of the most visited places by Elvis Presley’s fans worldwide. Also read: Shah Rukh Khan hospitalised after suffering heat stroke

Judge blocks sale of Elvis Presley’s historic Graceland mansion

<p>Elvis Presley’s estate was vandalised with Black Lives Matter graffiti last night.</p>

<p>Words like BLM and Defund the Police were sprayed overnight. The words alongwith other slogans were spray-painted in black and orange on the stone wall surrounding the the late star’s mansion. This is the same wall where fans come and write and their tributes for the pop icon.</p>

<div class="ui-state-default" contenteditable="false">
<div class="twitter-block" draggable="false">
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">The wall outside <a href="https://twitter.com/VisitGraceland?ref_src=twsrc%5Etfw">@VisitGraceland</a> in <a href="https://twitter.com/hashtag/Memphis?src=hash&amp;ref_src=twsrc%5Etfw">#Memphis</a> where <a href="https://twitter.com/hashtag/Elvis?src=hash&amp;ref_src=twsrc%5Etfw">#Elvis</a> fans write their names and tributes to The King was vandalized overnite. <a href="https://twitter.com/hashtag/BlackLivesMatter?src=hash&amp;ref_src=twsrc%5Etfw">#BlackLivesMatter</a> <a href="https://twitter.com/hashtag/DefundMPD?src=hash&amp;ref_src=twsrc%5Etfw">#DefundMPD</a> <a href="https://twitter.com/hashtag/AbolishIce?src=hash&amp;ref_src=twsrc%5Etfw">#AbolishIce</a> &amp; <a href="https://twitter.com/hashtag/BreonnaTaylor?src=hash&amp;ref_src=twsrc%5Etfw">#BreonnaTaylor</a> were spray painted all over the wall.<br />
📸: <a href="https://twitter.com/BriseidaHolguin?ref_src=twsrc%5Etfw">@BriseidaHolguin</a> <a href="https://t.co/xT9gcyQz82">pic.twitter.com/xT9gcyQz82</a></p>
— Joyce Peterson (@MemphoNewsLady) <a href="https://twitter.com/MemphoNewsLady/status/1300818876670840832?ref_src=twsrc%5Etfw">September 1, 2020</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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<p>A signature Memphis landmark, it is major tourist draw.</p>

<p><a href="https://www.wionews.com/entertainment/michael-jackson-slams-the-beatles-elvis-presley-in-old-letters-from-1987-calls-out-racism-in-music-industry-322783">Michael Jackson slams The Beatles, Elvis Presley in old letters from 1987, calls out racism in music industry</a></p>

<p>The graffiti covered up many of the hundreds of tributes to the music icon handwritten by fans on the wall over the years.</p>

<p>Another Memphis landmark, historic concert venue the Levitt Shell, was defaced with similar graffiti, including Eat the Rich and Defund MPD [Memphis Police Department]. The open-air amphitheater in Overton Park was where Elvia Presley gave his first paid concert on July 30, 1954.</p>

<h1><a href="https://www.wionews.com/entertainment/celebrity-news-justin-bieber-beats-elvis-presley-to-become-youngest-singer-with-seven-no1-albums-283037">Justin Bieber beats Elvis Presley to become youngest singer with seven no.1 albums</a></h1>


Elvis Presley’s estate was vandalised with Black Lives Matter graffiti last night. Words like BLM and Defund the Police were sprayed overnight. The words alongwith other slogans were spray-painted in black and orange on the stone wall surrounding the the late star’s mansion.

Elvis Presley’s estate was vandalised with Black Lives Matter graffiti last night. Words like BLM and Defund the Police were sprayed overnight. The words alongwith other slogans were spray-painted in black and orange on the stone wall surrounding the the late star’s mansion. This is the same wall where fans come and write and their tributes for the pop icon. The wall outside @VisitGraceland in #Memphis where #Elvis fans write their names and tributes to The King was vandalized overnite. #BlackLivesMatter #DefundMPD #AbolishIce & #BreonnaTaylor were spray painted all over the wall. 📸: @BriseidaHolguin pic.twitter.com/xT9gcyQz82 — Joyce Peterson (@MemphoNewsLady) September 1, 2020 × A signature Memphis landmark, it is major tourist draw. Michael Jackson slams The Beatles, Elvis Presley in old letters from 1987, calls out racism in music industry The graffiti covered up many of the hundreds of tributes to the music icon handwritten by fans on the wall over the years. Another Memphis landmark, historic concert venue the Levitt Shell, was defaced with similar graffiti, including Eat the Rich and Defund MPD [Memphis Police Department]. The open-air amphitheater in Overton Park was where Elvia Presley gave his first paid concert on July 30, 1954. Justin Bieber beats Elvis Presley to become youngest singer with seven no.1 albums

Elvis Presley's estate vandalised with ‘Black Lives Matter’ graffiti

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Judge blocks sale of Elvis Presley’s historic Graceland mansion

Elvis Presley's estate vandalised with ‘Black Lives Matter’ graffiti