Priscilla Presley Faces $50 Million Lawsuit: Allegations of Fraud and Breach of Contract
A legal dispute between Priscilla Presley and her former business partner has intensified with a new lawsuit filed against Presley in Los Angeles Superior Court. The lawsuit alleges fraud and breach of contract, seeking over $50 million in damages. Priscilla is accused of exploiting the death of her daughter, Lisa Marie Presley, to gain control over her trust and Graceland. The business relationship between Priscilla and her former partners was severed, leading to the legal action.
Priscilla Presley is described as an "opportunist" in the lawsuit, which outlines the efforts made by her former partners to revive her public image and brand. The legal battle between the parties has been ongoing, with previous lawsuits filed in Florida and Los Angeles. The latest lawsuit provides a counter-narrative to the allegations made by Presley in her fraud suit, claiming that her former partners were the real victims in the situation.
The lawsuit also alleges that Priscilla exerted control over Elvis's father, Vernon, on his deathbed to become a co-executor of his estate. It further claims that Priscilla sought to control her daughter's trust and Graceland. The strained relationship between Priscilla and Lisa Marie before the latter's sudden death is detailed in the lawsuit, including disputes over estate matters and care directives.
Following Lisa Marie's passing, legal battles ensued over her estate and trust, with Priscilla challenging an amendment that removed her as a trustee. A settlement was eventually reached, involving a payout to Priscilla and her son. The lawsuit also mentions a separate legal dispute between GWS Auctions, Priscilla's former partner's company, and the Elvis Presley Estate over the sale of documents from Elvis and Col. Tom Parker.
In conclusion, the ongoing legal feud between Priscilla Presley and her former business partners has escalated with new allegations of fraud and breach of contract. The lawsuit sheds light on the complex relationships and legal battles surrounding Priscilla, her daughter Lisa Marie, and business associates. The outcome of these legal proceedings remains to be seen as the parties continue to dispute the claims made against each other.