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Market
Outcome of Graceland legal battle by end of 2024
2
Resolution / Starting Odds
Estate retains ownership • 33%
Property auctioned • 33%
Settled out of court • 34%
Court ruling
Story
Judge Halts Foreclosure Auction of Elvis Presley’s Graceland on Wednesday
May 22, 2024, 05:14 PM
A judge has ordered a halt to the foreclosure auction of Elvis Presley’s iconic Graceland mansion in Memphis. The decision, made on Wednesday, comes amid a legal battle where Elvis Presley’s estate argues that the attempt to auction the property is fraudulent. The court's ruling temporarily blocks the sale, citing potential irreparable harm to the estate. Graceland, a beloved tourist attraction, remains under the estate's control for now as the legal proceedings continue.
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