Lawsuit claims have reportedly been dropped on Elvis Presley's Graceland. Naussany Investments and Private Lending were blocked from sending the sprawling property to auction by a judge in Tennessee on Wednesday. After the ruling, in the favour of The King's granddaughter Riley Keough, claims on the home have ceased.
An attorney for Keough "received an email from Gregory Naussany confirming they do not intend to move forward with their claim," a representative for Graceland told PEOPLE, after attempts to sell the estate inherited from Lisa Marie Presley . For all the latest on news, politics, sports, and showbiz from the USA, go to The Mirror US . READ MORE: Judge rules on sale of Elvis Presley's Graceland as granddaughter desperately fights auction The house wasn't able to go to auction ( Image: Michael Ochs Archives) It ruled in the favour of The King's granddaughter Riley Keough ( Image: Getty Images) Naussany reportedly said the company would not proceed with claims after a key document in the case and the loan apparently taken out by the late Lisa Marie Presley were recorded and obtained in a different state, according to the Associated Press.
"There was no harm meant on Ms. Keough," Mr Naussany said in an email to the Memphis Commercial Appeal. A hearing at a Shelby County court in Tennessee on Wednesday determined that the impending foreclosure would inflict "irreparable harm" on Riley.
Naussany Investments and Private Lending LLC claimed ownership of the iconic proper.
