Judge Halts Graceland Sale After Riley Keough Slammed Foreclosure Attempt as 'Fraudulent'

The granddaughter of Elvis Presley's lawsuit claims that a company forged her late mom Lisa Marie Presley's signature to push forward a sale of Graceland

Days after Riley Keough filed a lawsuit looking to block an allegedly “fraudulent” attempt at selling her grandfather Elvis Presley’s legendary Graceland estate, a judge has stopped the sale.

At the hearing, which took place Wednesday, May 22, at the Shelby County Chancery Court in Memphis, Tennessee, Chancellor JoeDae L. Jenkins halted the sale of the iconic estate, which was slated for a foreclosure auction Thursday, May 23.

“The estate is considered unique under Tennessee law, and in being unique the loss of the real estate will be considered irreparable harm," Jenkins said at the hearing, which neither Keough nor the defendant, a company called Naussany Investments & Private Lending LLC, attended.

Jenkins' order not only pauses the sale, but also delays the trial until Naussany provides a defense to Keough's claims.

The hearing came two days after the Daisy Jones & the Six star, 34, filed a complaint claiming that the company was trying to defraud her family into selling Graceland by forging the signature of her late mother Lisa Marie Presley, the only daughter of Elvis and Priscilla Presley.

Related: Elvis' Granddaughter Riley Keough Calls Graceland Foreclosure Sale Attempt 'Fraudulent' in Court Docs

In a lawsuit filed on May 20, Keough says Naussany may not even be “a real entity,” and asked the court to grant a restraining order against them ahead of an apparent non-judicial sale of Graceland originally scheduled for May 23.

Naussany claims that Lisa Marie borrowed $3.8 million and gave them a deed of trust encumbering Graceland as security before she died in January 2023 — but Keough’s lawsuit claims Lisa Marie’s apparent signatures on the Standard Promissory Note and deed of trust are forged.

The suit also claims that the notary who allegedly witnessed Lisa Marie signing the deed and the note said she did not in fact notarize anything, and that she has never met Lisa Marie.

In the May 22 hearing, Jenkins said that this claim brings the authenticity of both the signature and of the deed of trust into question.

“There is no foreclosure sale. Simply put, the counter lawsuit has been filed is to stop the fraud,” Elvis Presley Enterprises said in a statement shared with PEOPLE.

Related: Elvis Presley's Graceland: 10 Things You Didn't Know About the Legendary Home

Following the hearing, Graceland and Elvis Presley Enterprises shared a statement with PEOPLE.

"As the court has now made clear, there was no validity to the claims," the statement claims. "There will be no foreclosure. Graceland will continue to operate as it has for the past 42 years, ensuring that Elvis fans from around the world can continue to have a best in class experience when visiting his iconic home."

PEOPLE reached out to Keough's lawyers, who declined to comment before Wednesday’s hearing, as well as Naussany Investments, who did not immediately respond to a request for comment.

Following Jenkins' order, Keough's lawyers did not immediately respond to PEOPLE's request for comment.

For more People news, make sure to sign up for our newsletter!

Read the original article on People.