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VisitJudge 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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Markets
No • 50%
Yes • 50%
Legal documents or public court records
Yes • 50%
No • 50%
Court documents or official statements from the estate
No • 50%
Yes • 50%
News reports or official announcements from Graceland
Management unchanged • 33%
Management outsourced • 34%
New management appointed • 33%
Official statements from the estate or news reports
No significant change • 34%
Increase in visits • 33%
Decrease in visits • 33%
Tourism statistics or news reports
Estate retains ownership • 33%
Settled out of court • 34%
Property auctioned • 33%
Court ruling