Entertainment News | Judge in Tennessee Blocks Effort to Put Elvis Presley's Former Home Graceland Up for Sale

Get latest articles and stories on Entertainment at LatestLY. 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.

Memphis (USA), May 22 (AP) 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.

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Presley's granddaughter Riley Keough had filed a lawsuit.

A public notice for a foreclosure sale of the 13-acre estate in Memphis posted earlier in May said Promenade Trust, which controls the Graceland museum, owes USD 3.8 million after failing to repay a 2018 loan.

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Keough, an actor, inherited the trust and ownership of the home after the death of her mother, Lisa Marie Presley, last year. (AP)

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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