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VisitFinancial outcome for company involved in Graceland auction
Company profits increase • 25%
Company suffers financial losses • 25%
Company remains financially stable • 25%
Company files for bankruptcy • 25%
Company financial statements and legal documents
Riley Keough Fights to Block Graceland Foreclosure Auction in Memphis
May 21, 2024, 11:41 AM
Elvis Presley's historic home, Graceland, is set to be sold at a foreclosure auction this week in Memphis, Tennessee. However, his granddaughter, Riley Keough, is attempting to block the sale, alleging that the foreclosure is based on fraudulent claims. Keough, who inherited the estate after her mother Lisa Marie Presley's passing last year, has filed a lawsuit to stop the auction. She contends that the company behind the sale is illegitimate and has no rights to the property. The company claims that Lisa Marie Presley borrowed millions of dollars and used Graceland as security for the loan. The court-approved sale is scheduled for Thursday.
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Significant financial loss • 33%
No significant financial impact • 33%
Financial gain (increased publicity) • 34%
Court rules in favor of Riley Keough • 50%
Court rules in favor of Naussany Investments • 50%
Estate retains ownership • 33%
Property auctioned • 33%
Settled out of court • 34%
Riley Keough retains full control • 33%
Naussany Investments gains some control • 33%
Other outcomes (third-party intervention, etc.) • 34%
Significant loss • 25%
Moderate loss • 25%
Minimal impact • 25%
Financial gain • 25%
Profit increases • 33%
Profit remains stable • 33%
Profit decreases • 34%
Public largely supports Riley Keough • 50%
Public largely supports Naussany Investments • 50%
Stock price increases • 33%
Stock price decreases • 33%
Stock price remains stable • 33%
Significant financial loss • 33%
Minimal financial impact • 33%
Financial gain • 34%
Stock price rises • 33%
Stock price falls • 33%
No significant change • 34%
Significant negative impact • 33%
No significant impact • 33%
Significant positive impact • 34%
Stock prices increase • 33%
Stock prices decrease • 33%
No significant change in stock prices • 34%
Court rules against Riley Keough • 50%
Court rules in favor of Riley Keough • 50%
No significant public support actions occur • 50%
Significant public support actions occur • 50%
Converted into a public museum or trust • 34%
Owned by Riley Keough • 33%
Sold to a third party • 33%