Elvis Presley‘s Memphis residence is getting in the spouse and kids … a judge just blocked the scheduled auction of Graceland by approving the restraining get Elvis’ granddaughter, Riley Keough, asked for

An crisis courtroom hearing went down Wednesday morning in Memphis, exactly where by attorneys for Riley introduced their circumstance to cease the auction which was ready for Thursday.

As we documented, a firm identified as Naussany Investments and Private Lending statements Lisa Marie Presley unsuccessful to spend back a $3.8 million bank loan, and Graceland was the collateral. Riley, who inherited Graceland when her mother died, submitted docs calling Naussany’s alleged economic loan docs fraudulent.

An extra lead to the judge achievable blocked the auction is … Graceland is no ordinary loved ones estate. It’s also a Nationwide Historic Landmark, and in reality the pick explained, “The genuine estate is regarded as unique under Tennessee legislation.”

If the auction seasoned absent forward the pick stated it would be “regarded irreparable damage” — not only to the Presley loved ones, but possibly to the metropolis of Memphis. Truth is, the total location generates tremendous tourism pounds from the millions of yearly people today to Elvis’ dwelling.