The news site of Miami Palmetto Senior High School

The Panther

The news site of Miami Palmetto Senior High School

The Panther

The news site of Miami Palmetto Senior High School

The Panther

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The Future of Elvis Presley’s Graceland Estate Under Threat

Graceland, Elvis Presley’s iconic estate, currently faces the threat of being sold out of the Presley family in a public auction. The estate is currently under the control of Riley Keough. Keough is the daughter of the late Lisa Marie Presley and granddaughter of Elvis. Receiving control of the estate and family trust in 2023 after her mother’s death and a months-long fight with Priscilla Presley, the dispute ended in a settlement with Keough as the sole trustee.

Naussany Investments and Private Lending is the company seeking to auction off Graceland. The company cited an unpaid loan of $3.8 million from Lisa Marie. Keough has sued the company claiming that this is not a real entity and that Lisa Marie Presley’s signature had been forged. The lawsuit claims that though a signature appears to have been notarized in Florida in 2018, the notary has denied notarizing the document.

As of now, the judge has granted Keough a restraining order, barring any sale of the estate for the time being.

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About the Contributor
Emilia Haus
Emilia Haus, Senior Multimedia Editor
Emilia Haus is a junior and Senior Multimedia Editor. This is her second year on staff, and she looks forward to increasing multimedia coverage and publishing more creative videos. Aside from newspaper, Haus enjoys listening to music, eating, watching movies and hanging out with friends.