Judge in Tennessee blocks effort to put Elvis Presley's former home Graceland up for sale

FILE - Fans wait in line outside Graceland Tuesday, Aug. 15, 2017, in Memphis, Tenn. The granddaughter of Elvis Presley is fighting plans to publicly auction his Graceland estate in Memphis after a company tried to sell the property based on claims that a loan using the king of rock n roll's former home as collateral was not repaid.

Shelby County Chancellor JoeDae Jenkins issued a temporary injunction against the proposed auction that had been scheduled for Thursday this week. Jenkins' injunction essentially keeps in place a previous ruling that he had issued after Presley’s granddaughterA 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 after failing to repay a 2018 loan.

Loan Loan Latest News, Loan Loan Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Judge in Tennessee blocks effort to put Elvis Presley's former home Graceland up for saleA judge has blocked the auction of Graceland by a company that claimed his estate failed to repay a loan that used the property as collateral.
Source: wjxt4 - 🏆 246. / 63 Read more »

Judge in Tennessee blocks effort to put Elvis Presley's former home Graceland up for saleA judge has blocked the auction of Graceland by a company that claimed his estate failed to repay a loan that used the property as collateral. Shelby County Chancellor JoeDae Jenkins issued a temporary injunction against the proposed auction during a hearing Wednesday. An auction had been scheduled for Thursday this week.
Source: AP - 🏆 728. / 51 Read more »