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Riley Keough prevails in court to stop Graceland auction -- for the moment. Fraud question remains

Angie Orellana Hernandez, Los Angeles Times on

Published in News & Features

Elvis Presley's granddaughter landed a partial victory in court Wednesday when a Tennessee judge upheld a temporary injunction blocking an auction and foreclosure sale of the late singer's famed Graceland mansion. Still to be decided is whether the note and deed of trust in question are fraudulent documents.

The ruling, confirmed by the Los Angeles Times, comes a day after actor Riley Keough obtained a temporary restraining order against the sale of the Memphis property by Naussany Investments & Private Lending LLC, which she alleged in a lawsuit might not even be a "real entity."

The sale had been scheduled for Thursday. Naussany Investments did not immediately respond Wednesday to a request for comment sent to an email address listed on court documents.

Keough's lawsuit, which was reviewed by The Times, said Naussany Investments presented documents to the estate via the Los Angeles County Superior Court in September. Those documents alleged that Lisa Marie Presley, Keough's mother, had borrowed $3.8 million from the company and "gave a deed of trust encumbering Graceland as security."

The "Daisy Jones & the Six" star denied the claims, calling the documents "fraudulent" and "forgeries" in her lawsuit.

"Lisa Marie Presley never borrowed money from Naussany Investments and never gave a deed of trust to Naussany Investments," the lawsuit read.

 

The deed of trust presented by the company was "purportedly acknowledged" by Florida notary Kimberly L. Philbrick; However, Philbrick submitted an affidavit stating she had no role in the matter.

"I have never met Lisa Marie Presley, nor have I ever notarized a document signed by Lisa Marie Presley," Philbrick's affidavit read. "I do not know why my signature appears on this document."

Tennessee's Shelby County Register of Deeds said Tuesday that it did not have any filed documents relating to a Graceland deed, according to broadcast outlet WREG Memphis, but a copy of a deed was attached in Keough's lawsuit.

Prior to Wednesday's court hearing, a representative for Naussany Investments submitted a filing asking to continue the litigation, the New York Times reported. Chancellor JoeDae Jenkins moved forward with the case, citing a lack of appearance by Naussany Investments representatives at the recent hearing and a need for additional evidence from Keough's lawyers.

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