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Judge in Tennessee Blocks Effort to Put Elvis Presley's Former Home Graceland Up for Sale

The granddaughter of Elvis Presley is fighting plans to publicly auction his Graceland estate in Memphis after a company tried to sell the property based on claims that a loan using the king of rock ’n’ roll’s former home as collateral was not repaid. (AP Photo/Brandon Dill, File)
The granddaughter of Elvis Presley is fighting plans to publicly auction his Graceland estate in Memphis after a company tried to sell the property based on claims that a loan using the king of rock ’n’ roll’s former home as collateral was not repaid. (AP Photo/Brandon Dill, File)
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Judge in Tennessee Blocks Effort to Put Elvis Presley's Former Home Graceland Up for Sale

The granddaughter of Elvis Presley is fighting plans to publicly auction his Graceland estate in Memphis after a company tried to sell the property based on claims that a loan using the king of rock ’n’ roll’s former home as collateral was not repaid. (AP Photo/Brandon Dill, File)
The granddaughter of Elvis Presley is fighting plans to publicly auction his Graceland estate in Memphis after a company tried to sell the property based on claims that a loan using the king of rock ’n’ roll’s former home as collateral was not repaid. (AP Photo/Brandon Dill, File)

Judge in Tennessee blocks effort to put Elvis Presley's former home Graceland up for sale, The AP reported.

Earlier, actress and model Riley Keough - Elvis's granddaughter - has reportedly been able to get a temporary restraining order against any sale before a court rules on her application for an injunction.

The former home and burial site of Elvis Presley is set to be sold at a foreclosure auction on Thursday - but his granddaughter is attempting to halt the court-approved sale of Graceland, according to Sky News.

The case stems from a 2018 deed of trust Keough's late mother - Elvis's only child - allegedly signed, securing a $3.8m loan from Naussany Investments and Private Lending LLC in Missouri.

The company says Graceland was used as collateral in the loan, which was never paid back.

But in new court filings, Keough is fighting the sale of the Memphis, Tennessee, compound - claiming her mother never signed over anything and never borrowed any money.

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Varieties

Argentines' Beef Consumption Seen at Record Low in 2024

Leonardo Gomez, Buenos Aires, June 10, 2024. REUTERS/Agustin Marcarian Purchase Licensing Rights
Leonardo Gomez, Buenos Aires, June 10, 2024. REUTERS/Agustin Marcarian Purchase Licensing Rights
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Argentines' Beef Consumption Seen at Record Low in 2024

Leonardo Gomez, Buenos Aires, June 10, 2024. REUTERS/Agustin Marcarian Purchase Licensing Rights
Leonardo Gomez, Buenos Aires, June 10, 2024. REUTERS/Agustin Marcarian Purchase Licensing Rights

Beef-loving Argentines are cutting back on their steaks as the country's economy slumps, meaning cattle consumption will likely hit a record low this year, a market report published on Friday showed.

Argentina's beef consumption in 2024 is expected to total around 44.8 kg (98.77 lb), the lowest since record-keeping began in 1914, said the Rosario exchange, which publishes market updates for grains and livestock. The historic average is nearly 73 kg.

According to Reuters, Argentina, famed for its beef-eating culture, is dotted with steakhouses, cattle ranches and asado barbecues.

Longer-term trends show the population is increasingly turning to cheaper alternatives such as chicken and pork. In 2024, nearly 2 kg of alternative meats can be purchased for the price of 1 kg of beef, the report showed.

However, this year, all meat consumption is set to drop 9% from last year to the lowest since 2011, the exchange said.

As consumption at home drops, farmers are increasingly shipping their beef abroad, a separate report from the exchange published on Friday showed. Export volumes from January to May of this year are up 10% from the year-ago period.

Despite eating less beef, Argentines consume much more than Americans who chow down an average of 38 kg a year, Australians' 27 kg, and Chileans' 26 kg, the exchange added.