A Tennessee judge on Wednesday blocked the auction of Graceland, the former home of Elvis Presley, 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 that had been scheduled for Thursday this week. 'The court will enjoin the sale as requested because, one, the real estate is considered unique under Tennessee law.
Naussany Investments and Private Lending said Lisa Marie Presley had used Graceland as collateral for the loan, according to the foreclosure sale notice. Keough, on behalf of the Promenade Trust, alleged in her lawsuit that Naussany presented fraudulent documents regarding the loan in September 2023.Neither Keough nor lawyers for Nassauny Investments were in court Wednesday.Keough, who starred in last year's hit show 'Daisy Jones and the Six,' is the heir to the estate.
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