The Presley Family Estate is being sued for nonrepayment of a $3.8 million loan, taken out by Lisa Marie Presley while she was still alive. The company, Naussany Investments & Private Lending, LLC, claims she used her stakes in Graceland and the greater trust as collateral.
The loan, disbursed in 2018, was meant to be fully repaid by May of 2022. Lisa Marie died in March of 2022. Now, NIPL is willing to settle the loan if they receive 75% of the total balance–a whopping $2.85 million–within 45 days.
No word from trustee, Riley Keough, who is now on the hook for this payment. Her sisters, Finley and Harper Lockwood.