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Graceland remains under Riley Keough's ownership post-auction
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Resolution / Starting Odds
Yes • 50%
No • 50%
Public property records and media reports
Story
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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Riley Keough retains full control • 33%
Naussany Investments gains some control • 33%
Other outcomes (third-party intervention, etc.) • 34%
Estate retains ownership • 33%
Property auctioned • 33%
Settled out of court • 34%
Court rules in favor of Riley Keough • 50%
Court rules in favor of Naussany Investments • 50%
Management unchanged • 33%
New management appointed • 33%
Management outsourced • 34%
Public largely supports Riley Keough • 50%
Public largely supports Naussany Investments • 50%
Significant financial loss • 33%
No significant financial impact • 33%
Financial gain (increased publicity) • 34%
Increase in visitors • 50%
Decrease in visitors • 50%