Graceland, the historic home of Elvis Presley, is facing a potential foreclosure sale, scheduled for this Thursday, according to a legal notice. However, Presley’s granddaughter, Riley Keough, is challenging the sale with a lawsuit, asserting that the claims leading to the foreclosure are fraudulent.
On Monday, Keough’s attorney announced that a temporary restraining order had been granted, halting the sale. An injunction hearing is set for Wednesday, where Keough’s legal team will present their case to prevent the foreclosure from proceeding.
The notice, published earlier this month, states that Graceland, along with the surrounding acreage on Elvis Presley Boulevard, is set to be auctioned off for cash to the highest bidder on the steps of the Shelby County Courthouse on May 23.
Graceland, an iconic landmark, attracts hundreds of thousands of visitors annually who come to pay homage to the King of Rock ‘n’ Roll. The potential sale has sparked significant public interest and concern, given its cultural and historical significance.
Keough’s legal action aims to preserve the legacy of Graceland and prevent what she and her legal team describe as a fraudulent attempt to seize the property. The outcome of the injunction hearing will be crucial in determining the future of the estate.
The public and Elvis Presley’s fans worldwide are closely monitoring the developments, hoping for a resolution that honors the memory and heritage of the legendary musician. As the legal proceedings unfold, Graceland remains a symbol of Elvis Presley’s enduring influence and legacy.
