Priscilla Presley was sued by her former business partners, who accuse her about fraud and breaches of contract because she had left her on the hook due to massive compensation after she had incorrectly claimed ownership of her last name and brand, even though she secretly sold these rights decades ago. They claim that they have not disclosed the sale while securing lucrative investments and leaving their business in ruin.
In a lawsuit on Wednesday at the California State Court, Brigitte Kruse and Kevin Fialko, the head of Priscilla Presley partner, they said in the crosshair of a power struggle behind the scenes about family trust. You are looking for at least $ 50 million.
Lisa Marie Presley was hospitalized in 2023 after a cardiac arrest. The lawsuit states that Priscilla Presley-conscious is that her daughter was preparing to remove her as the sole director of her trust-withdrew a life-saving medical treatment early to get control of the property.
“Priscilla knew that Lisa's death from Lisa's efforts to remove Priscilla as the sole trustee of Lisa's irrevocable life insurance crossing from Lisa, and Priscilla ultimately wanted to control the promenade Trust and Graceeland,” said the complaint. “Priscilla called out in her house the following week (before Lisa's funeral): 'I am the queen. I am responsible for Graceland.'”
The singer and the only child of Elvis Presley was the only legacy of her father's extensive present. After her death, Priscilla Presley filed a petition that questioned a change in the 2016 Trust, in which she and the former managing director of the family, Barry Siegänder, as a trustee, when she described Lisa Marie Presley's daughter Riley Keough and the late son Benjamin Keough as an asstrauwes.
The lawsuit states that Kruse and Fialko ultimately conveyed a deal to end the dispute that affected a payment of 2.4 million US dollars of Priscilla Presley.
After the settlement, Priscilla Presley was allegedly contacted by Keya Morgan, the former managing director of Stan Lee, who was charged and was later charged with older abuse against the comic legend. In discussions with Kruse and Fialko, he claimed that he could get their name, image and similarity rights from Elvis Presley Enterprises, who manages Elvis Presley's intellectual property.
The relationship became angry when Morgan, along with Priscilla Presley Kruse and Fialko, accused, among other things, due to forced and oldest abuse, the lawsuit said. Priscilla Presley later dismantled relationships with Priscilla Presley Partners and undermined the company's activities by exploiting their names, their image and similarity rights, including top-class appearances at NBCS Christmas in GracelandComic conventions and advertising events without disclosing or sharing the proceeds. In the lawsuit it is claimed that she also stole money on the bank accounts of the firm.
At this time by Sofia Coppola's Priscilla became premiere at the Venice Film Festival. Kruse and Fialko, who conveyed additional compensation for Priscilla Presley from A24 pictures, were rejected by the premiere, with Morgan taking her place.
“As detailed video recordings and communication already confirm, there is absolutely no evidence of inappropriate influence, coercion or older abuse, only a legitimate, well -documented business partnership,” said, “said,” said, “said,” said, ” Jordan MatthewsA lawyer for Kruse and Fialko, in a statement. “The evidence will prove that the real victims here are my customers who have invested millions and years of hard work in the revival of the Priscilla Presley brand, just to betray and be incorrectly accused as soon as the money was on the table and every personal and business problem has been solved.”
A lawyer from Priscilla Presley did not immediately answer a request for a comment.
In a forerunner of the lawsuit on Wednesday, Priscilla Presley Partners claimed in a lawsuit that it helped to convey a deal for the A24 film adaptation of Presley's memoirs. It accused Presley of violating contractual infringement, which was supposed to be removed months before bankruptcy before it began to manage their business matters in order to reduce an agreement on the partnership with Morgan.
At that time, Marty Singer, a lawyer of Priscilla Presley, denied allegations and accused Kruse and Fialko to “abuse hundreds of thousands of dollars”. The alleged theft in connection with allegations that Kruse had tried to sell Presley's house on himself. In a statement before the court, Kruse said that she had to do this as a co-truehand from Presley's trust.