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BOISE -- Tamarack Resort's owner says he's selected a buyer.

Jean-Pierre Boespflug said Tuesday he plans to announce a buyer for the failed central Idaho vacation development on Wednesday morning.

There are at least three offers, including one from an Idaho group, Green Valley Holdings, for $40 million, and another $42 million offer from a real-estate company in Salt Lake City.

In federal bankruptcy court documents, Boespflug has also requested the judge's permission to hire a lawyer to oversee the sale transaction.

Boespflug's troubled resort is in Chapter 11 reorganization, so U.S. Bankruptcy Judge Terry Myers holds sway over a final transaction.

Myers has yet to publish a decision on a motion from the biggest creditor, a Credit Suisse Group-led lender syndicate, to return Tamarack to a court where it could be liquidated.

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