Lawsuit Alleges Priscilla Presley Defrauded Business Partners and Illegally Seized Control of Trust Funds.
Priscilla Presley is at the center of a new and explosive legal battle, facing a lawsuit from her former business partners for more than $50 million. The filing, which has sent shockwaves through the celebrity world, alleges that Elvis’s ex-wife defrauded the partners and broke a series of contracts. According to the lawsuit, Presley went on to allegedly violate an agreement that gave her $2.4 million from a company they had founded together. This suit is the latest in a series of legal disputes that have plagued the Presley family and estate since the death of Lisa Marie Presley, casting a shadow over the legacy of the King of Rock 'n' Roll.
The lawsuit contains a particularly shocking and highly contested claim regarding the circumstances surrounding Lisa Marie Presley's death. The former business partners allege that Priscilla, who was reportedly aware that Lisa Marie was in the process of removing her as the sole trustee of her life insurance trust, saw an opportunity to regain control. The lawsuit claims that Priscilla went to the hospital and "pulled the plug" on her daughter before her own daughter, Riley Keough, could arrive, despite Lisa Marie’s "clear directive to prolong her life." This explosive accusation has been met with fierce denial from Priscilla's legal team, with her attorney labeling the lawsuit "one of the most shameful, ridiculous, salacious, and meritless lawsuits I have seen in my practice."
This legal battle has its roots in the complex and often contentious history of the Presley family's finances. Following Lisa Marie’s passing, there was a public dispute over who would control her estate, which included the historic Graceland mansion. Riley Keough eventually became the sole trustee, leading to an agreement that seemingly resolved the family feud. However, this new lawsuit from her former business partners introduces fresh controversy and raises questions about the financial dealings and personal relationships within the Presley family. It suggests that the peace was a fragile one, and the underlying tensions have now boiled over into a very public and bitter legal fight.
As the lawsuit unfolds, it is clear that this is more than a simple business dispute. The deeply personal and highly inflammatory allegations within the filing are set to draw a great deal of media attention and scrutiny. The legal battle threatens to tarnish Priscilla Presley's reputation and further expose the intricate and often painful dynamics of her family. For fans of Elvis and the Presley legacy, this is a sad and vicious attempt to falsely tarnish a family, as per her lawyer, and a reminder that even decades after his death, the drama surrounding his life and family continues to make headlines.
I'm Adedayo Obadina
Talksocialtalk News
