Opinion ID: 2717990
Heading Depth: 3
Heading Rank: 1

Heading: The Ocean Reef Club Membership

Text: Rosbottom was a member of the Ocean Reef Club in Key Largo, Florida. KEH Properties, an entity owned by Rosbottom’s four children, owned a condominium in the area. Rosbottom advised a Club employee that the condominium was to be sold and inquired about also selling the club membership. Rosbottom never mentioned he was in bankruptcy, nor did he disclose the membership in his bankruptcy filings. He disputes that he, rather than KEH Properties, owned the membership, though he was the designated user. The trustee discovered the membership before the proceeds from the sale were disbursed to Rosbottom, and $142,006.51 was tendered with Rosbottom’s 6 Case: 13-30071 Document: 00512733084 Page: 7 Date Filed: 08/13/2014 No. 13-30071 approval to the trustee. Rosbottom’s concealment of this asset is the basis for Count 10.