MEMPHIS, Tenn. (WMC) – An investment firm was looking to sell the home of Elvis Presley in a matter of days, but now, a temporary restraining order has been granted by a Shelby County judge, which has put the auction on hold for now.
More questions than answers remain after an attempt to sell a treasured piece of Memphis history.
“I don’t think I’m totally sold on the story,” said Graceland visitor Tricia Scerbo.
Naussany Investments and Private Lendors LLC filed a lawsuit in 2023, eight months after Elvis Presley’s daughter Lisa Marie passed away.
They claim she didn’t pay back a $3.8 million dollar loan and used Graceland and Elvis Presley Enterprises as collateral.
Now they claim Graceland is now theirs to sell.
“I can’t even believe that it’s something that’s even being brought up,” said Graceland visitor Stephanie.
A notice of sale was posted in a Memphis newspaper this month.
But a quick search online for the Naussany Investments and Private Lendors LLC turns up nothing but news articles. When searching the address listed for the firm in Keough’s complaint, the address turns up as a U.S. post office in Jacksonville, Florida.
Two P.O. box address are also associated with the company, one in Jacksonville and the other in Missouri.
In a complaint, Riley Keough, Lisa Marie’s daughter and now owner of Graceland, says there was no loan and the firm doesn’t exist.
Her attorneys filed an injunction complaint to block the sale and debunk claims made in Nassuany Investments’ original lawsuit.
Priscilla Presley opened Graceland to the public in 1982. She posted to social media on Tuesday calling the firm’s attempt to sell Graceland a scam.
“It’s sad basically,” Everything going down the drain for financial greed,” said Graceland visitor Ness Tagle.
The Shelby County Register of Deeds office also has no deed on file for Graceland associated with Naussany Investments.
When we reached out to Naussany Investments Monday, an associate told us Kurt Naussany, who is named in Keough’s complaint, was out of the country for “family matters” adding it was company policy to “collect defaulted debt.”
Naussany told Action News 5 Tuesday in an e-mail he no longer associates with Naussany Investments.
Action News 5 reached out to Naussany Investments again Tuesday with these questions:
- Why does the Shelby County Register of Deeds office not have a deed of trust on file for Naussany Investments and Private Lenders LLC for Graceland?
- Why does the Better Business Bureau and Duval County not have a business record on file for Naussany Investments and Private Lenders LLC?
- Can you explain why searches for addresses listed for your company turn up as results for a post office location, and two P.O. boxes?
- Why is Kurt Naussany listed in the complaint if he left the firm in 2015?
Kurt Naussany said in an e-mail, without answering the questions asked, he’d sue “news, Keough, her attorneys” and a man named Gregory Naussany.
Gregory Naussany told the Associated Press, “The attorneys can make comment!” The AP reports there are no court records showing a lawyer for the firm.
A hearing for Keough’s complaint is set for Wednesday in Shelby County Chancery Court.
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First appeared on www.actionnews5.com