Attorney says ex-billionaire to turn over more details on sale after being jailed for contempt

Associated Press

An attorney for ex-billionaire Tim Blixseth says the real estate mogul will turn over more details of a 2011 property sale as he seeks to avoid a return to jail for contempt of court.

But attorney Phillip Stillman says some documents regarding the $13.8 million sale of the Tamarindo resort remain out of reach in Mexico and couldn't be obtained by Friday's court deadline.

Continue Reading Below

U.S. District Judge Sam Haddon sent Blixseth to jail in December for repeated delays in accounting for millions of dollars he owes his creditors. The 9th U.S. Circuit Court of Appeals ordered Blixseth released after a week.

He still could go back to jail if he doesn't satisfy Haddon, although his attorney says that's unlikely.

The judge signed an order Wednesday requesting assistance from courts in Mexico to obtain information on the sale.