(22 May 2024)
RESTRICTION SUMMARY:
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POOL
Memphis, Tennessee – 22 May 2024
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1. SOUNDBITE (English) Chancellor JoeDae Jenkins, Shelby County Chancery Court:
“We’re calling the case of Keough vs. Naussany Investments, docket number 240632.”
JEFF GERMANY: “Here on behalf of Keough, your Honor…”
JENKINS: “Alright, and your adversary?”
GERMANY: “Not heard from them other than I understood that there was this facsimile sent to the court, it appears to be a zero appearance by them in the courtroom…”
JENKINS: “For the record, the court was made aware that there was a filing this morning. It appears to be a one-page document that indicates a motion of denial for the injunction and temporary restraining order and motion to continue to extend time to produce.”
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2. SOUNDBITE (English) Chancellor JoeDae Jenkins, Shelby County Chancery Court:
“Gregory Naussany on behalf of Naussany Investments Private Lending. Objection to (unintelligible). The court will deny the request for a continuance. Let’s proceed.”
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3. SOUNDBITE (English) Jeff Germany, Attorney representing Riley Keough:
“Thank you, Your Honor. Your Honor, we’ve set forth in the complaint the significant and serious allegation regarding the authenticity of the purported deed of trust. We’ve provided the affidavit of the notary as exhibit 2 in the complaint, which swears that the purported notary on the purported deed of trust, it was never notarized by the notary whose seal appears on the document. Our client has provided a verification and complaint. There being no affidavits in opposition…we request that you… issue an injunction, bar this proceeding from moving forward with respect to the purported sale advertised for tomorrow.”
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4. SOUNDBITE (English) Jeff Germany, Attorney representing Riley Keough:
“We would ask the court to find… that the purported deed of trust is in fact annulled just as alleged other elements of the complaint.”
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5. SOUNDBITE (English) Chancellor JoeDae Jenkins, Shelby County Chancery Court:
“The notary has sworn that the notary did not notarize the signature of Lisa Marie Presley on the deed of trust, which brings into question as to the authenticity of the signature, indeed the deed of trust as being a fraud.”
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6. SOUNDBITE (English) Chancellor JoeDae Jenkins, Shelby County Chancery Court:
“In that the property has been set for a foreclosure sale on the 23rd, the court will adjourn the sale as requested because one, the real estate is considered unique under Tennessee law. And in being unique, the loss of the real estate would be considered irreparable harm.”
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7. SOUNDBITE (English) Chancellor JoeDae Jenkins, Shelby County Chancery Court:
“Mister Naussany is not harmed when you balance the equities in the situation by delaying the trial in this matter until we can have adequate discovery, allow them to file an answer, and to provide a defense to the claims that you’ve made. And then the public interest is best served, particularly in Shelby County, where Graceland is a part of this community, well-loved by this community, and indeed around the world. That’ll be the order of the court. You will prepare an order?”
GERMANY: “I’ll prepare the order. Thank you, your Honor.”
JENKINS: “Bond’s set at $500.”
GERMANY: “Thank you, your Honor.”
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STORYLINE:
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