Lisa Marie Presley‘s estate is being sued by a private lending company claiming the late daughter of Elvis and Priscilla Presley failed to make good on a $3.8 million loan.
In court documents obtained by ET, Naussany Investments & Private Lending, LLC claims Lisa Marie took out the loan in May 2018, and she used her ownership stake in Elvis Presley Enterprises and Graceland, the former home of her father in Memphis, Tennessee, as collateral.
Riley Keough and her 14-year-old siblings, twins Harper and Finley Lockwood, inherited Graceland earlier this year after Lisa Marie died on Jan.
12, 2023. She was 54. NIPL, LLC claims Lisa Marie first borrowed $450,000 under similar lending terms in July 2016, which she repaid in full less than a month later.
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