SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
September 20, 2012
NEVADA PROPERTY 1 LLC
(Exact name of registrant as specified in its charter)
Registrants Telephone Number, Including Area Code: (702) 698-7000
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Nevada Property 1 LLC (the Company) is an indirect wholly-owned subsidiary of Deutsche Bank AG New York Branch (Deutsche Bank or the Bank). On September 20, 2012, Ms. Donna Milrod informed the Company of her intent to resign from the Companys Board of Directors (the Board) and as a member of Companys Audit Committee effective immediately. Ms. Milrods decision to resign is in order to pursue other opportunities and not a result of any disagreement with the Company or the Companys Board.
On September 20, 2012, the Board appointed Mr. Jeff Baer, who currently serves as a member of the Board, as a member of the Companys Audit Committee, pending any required regulatory approvals. Mr. Baers appointment to the Companys Audit Committee is effective immediately. The Board did not elect Mr. Baer pursuant to any arrangement or understanding between Mr. Baer and the Company or any other person. There are no transactions that are required to be disclosed pursuant to Item 404(a) of SEC Regulation S-K. There is no material plan, contract or arrangement to which Mr. Baer is a party.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.