Lawsuit Filed Against Lisa Marie Presley's Estate for $3.8 Million Loan

Lisa Marie Presley's estate is being sued by a private lending company for allegedly failing to repay a $3.8 million loan. The loan was taken out in 2018, with Lisa Marie using her ownership stake in Elvis Presley Enterprises and Graceland as collateral. The lending company claims that Lisa Marie had no contact with them after March 2022 and refused their attempts to collect the debt. The company is now seeking a settlement agreement, offering to drop legal action if the estate pays 75% of the borrowed amount within 45 days.