On Wednesday, a judge halted the foreclosure of Graceland after Riley Keough filed a lawsuit.
Elvis Presley's granddaughter, Riley Keough, received a small win in her legal effort to prevent the foreclosure sale of Graceland.
On Wednesday, a Tennessee judge granted a temporary injunction against the auction, which was scheduled for Thursday. This decision pauses the sale of the estate until a hearing can determine the rightful ownership.
Elvis Presley Enterprises, which manages Graceland, responded to Wednesday's court ruling, saying, "As the court has now made clear, there was no validity to the claims. There will be no foreclosure. Graceland will continue to operate as it has for the past 42 years, ensuring that Elvis fans from around the world can continue to have a best in class experience when visiting his iconic home."
Earlier in May, a public notice was posted announcing a foreclosure sale of the 13-acre estate. The notice claimed that Promenade Trust, which manages the Graceland Museum, owed $3.8 million for a loan taken out in 2018. Keough inherited the trust and ownership of Graceland following the death of her mother, Lisa Marie Presley, last year.
The company behind the foreclosure notice claims that Lisa Marie failed to repay the loan. However, Keough, representing the Promenade Trust, filed a lawsuit last week, alleging that the company had presented fraudulent documents concerning the loan and the unpaid sum as recently as September 2023.
On Monday, Priscilla Presley, 78, reacted to reports about Graceland being auctioned off with an Instagram post. She shared a photo of Graceland with the caption "It’s a Scam!" overlaying the image.
In a statement released to ET on Tuesday, Elvis Presley Enterprises Inc. stated, "There is no foreclosure sale. Simply put, the counter lawsuit has been filed to stop the fraud."
Graceland, which opened as a museum and tourist attraction in 1982 to honor Elvis Presley, continues to be a significant cultural landmark. The estate draws hundreds of thousands of visitors annually, celebrating the life and legacy of the rock 'n' roll icon who died in August 1977 at 42.
Keough follows in her famous grandfather’s footsteps -- but on her own terms. In February 2023, the 34-year-old Daisy Jones & The Six actress sat down with ET to discuss her highly anticipated Prime Video series.
"It's pretty amazing. I think we really came from not being able to play anything on a guitar or sing really, to having a full record going out which is like it's crazy to us I think," she said. "We had months of jam sessions, so we had months of rehearsals, so we were basically in band practice for, I don't know, a year."
"So, what does it mean to be continuing your family's musical legacy in a series like this?" asked ET.
"I certainly wouldn't put that pressure on it. I don't know if there is continuing my grandfather's legacy, it’s its own sort of thing to me. But it was a really fun experience for me," Riley said of making the show. "I'm not a musician -- or I am now I guess. I've been interested in film my whole life and so for me, it was more really loving to get to have a relationship with music in that way."
"I've listened to music and my whole family are musicians and I've been around this world a lot and been on tour and all that kind of stuff," she continued. "But I'd never really done it myself. So for me, it was more about my personal relationship with getting to play music, which was fun."
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