EPE Lost Again

Elvis Presley Enterprises lost in the Tennessee Court of Appeals this week, again. 

In December, the company that owns Graceland lost its appeal of a lawsuit against the Memphis Grizzlies, which it had accused of interfering with its efforts to secure incentives for a small arena at Graceland. And, on Tuesday, that same appeals court declined to rehear the case. 

"After a careful review of Appellant's arguments and Appellee's responses, the petition for rehearing is respectfully denied," the appeals court wrote. 

EPE has been stymied in its pursuit of public tax incentives for its arena. However, there is nothing stopping it from building such an arena with private funds. It continues to host concerts at the Graceland Soundstage.

Source: Elvis Information Network / Updated: Feb 25, 2020 
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