Actress and filmmaker Riley Keough is breathing a sigh of relief after a recent legal battle over her family’s iconic Graceland estate was resolved in her favor.
According to a source close to the situation, Keough was “appreciative of the swift legal actions that stopped the foreclosure sale” of the property, which had been threatened by a company claiming the late Lisa Marie Presley failed to repay a loan secured by Graceland.
“She was initially pretty shocked and confused, but everything is all good for now,” the insider told People Magazine. The 34-year-old “Daisy Jones & the Six” star, who inherited Graceland as the sole trustee last year following a legal battle with her grandmother Priscilla Presley, was determined to protect her family’s legacy.
Keough had filed a lawsuit alleging that Naussany Investments & Private Lending LLC’s attempt to auction off the property was “fraudulent,” claiming the company was trying to “defraud her family into selling Graceland” by forging her late mother’s signature.
Thankfully, a Tennessee judge has now blocked the planned auction, with Graceland issuing a statement declaring that the court has made clear “there was no validity to the claims.”
“Riley will do anything to protect Graceland,” the source emphasized, underscoring the immense significance the estate holds for the Presley family.
This latest legal victory comes as a relief for Keough, who has previously had to navigate various challenges related to her grandfather’s iconic legacy. Her unwavering commitment to preserving Graceland, the legendary home and museum of Elvis Presley, is a testament to her dedication to honoring her family’s rich musical heritage.
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With this latest legal hurdle cleared, Keough can now focus on continuing to manage and maintain the Graceland estate, ensuring it remains a cherished destination for Elvis fans around the world.
