What started out as a simple eBay bid for a Memphis house once owned by Elvis Presley has turned into a fight for possession of the King's former home.
The Nashville Tennessean reports that after psychic Uri Geller and his partners placed the winning bid of $905,100 for the home on eBay, they found it had been sold to the American music promoter Mike Curb for $1 million.
Uri Geller already told news papers that he will sue Mike and Cindy Freeman-Hazen, but he may loose that battle as eBay indicated that a purchase of a house via internet is “not a legal binding contract”. Claiming the rejection of their bid was unfair, one of Geller's partners, Peter Gleason, responded by initiating an inquest into a recent bankruptcy case of the home's owners, Cindy Hazen and Mike Freeman.
The recently divorced couple had cleared up $43,000 in debt through the case, in which they claimed the value of the home to be only $236,000, the Tennessean reports.
A bankruptcy trustee then opened the case to determine whether profits from the sale of the home should be seized to pay the couple's creditors, a move that could bring the court to reverse all the sellers' actions.
"I think it says a lot about Uri Geller and Peter Gleason that they want to dwell on the pain we've been through in the past year," Hazen told the Tennessean.
Source: Various / Updated: Jun 8, 2006