Riley Keough wins court battle to halt Graceland auction, fraud investigation ongoing

Elvis Presley's granddaughter wins court injunction blocking Graceland auction. Lawsuit claims fraudulent documents, questions validity of loan and deed.

Elvis Presley's granddaughter recently achieved a significant legal victory in court regarding the potential auction and foreclosure sale of the iconic Graceland mansion in Tennessee. The temporary injunction blocking the sale was upheld by a judge, preventing the immediate transfer of ownership. However, the validity of the note and deed of trust at the center of the dispute remains unresolved.

The ruling, as reported by the Los Angeles Times, followed actor Riley Keough's successful petition for a temporary restraining order against the sale by Naussany Investments & Private Lending LLC, the entity claiming ownership of the property. Keough raised doubts about the legitimacy of the company, questioning its existence as a "real entity."

The scheduled sale was put on hold pending further legal proceedings. Naussany Investments has not provided any public statements in response to the court's decision.

Keough's lawsuit, detailed in The Times, alleged that Naussany Investments submitted documents to the estate through the Los Angeles County Superior Court, asserting that Lisa Marie Presley, Keough's mother, had borrowed a substantial amount from the company and used Graceland as collateral. Keough vehemently denied these claims, labeling the presented documents as "fraudulent" and "forgeries."

The deed of trust in question was supposedly notarized by Kimberly L. Philbrick, a Florida notary, who disavowed any involvement in the transaction. Philbrick's affidavit stated that she had no personal connection to Lisa Marie Presley and had never authenticated a document on her behalf.

Despite the absence of any recorded Graceland deed with the Shelby County Register of Deeds, as reported by WREG Memphis, a copy of the disputed document was included in Keough's lawsuit. In response to the legal proceedings, Naussany Investments sought a continuance, but the court proceeded with the case due to the lack of representation from the company and the necessity for further evidence from Keough's legal team.

The ongoing legal battle over the ownership and authenticity of the Graceland deed underscores the complexity and uncertainty surrounding this high-profile case. The resolution of these contentious issues will determine the future of the historic property and its ties to the Presley family.

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