8-K 1 c19175e8vk.htm CURRENT REPORT e8vk
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 5, 2007
Discover Card Execution Note Trust
(Issuing entity in respect of the Notes)
Discover Card Master Trust I
(Issuing entity in respect of the Series 2007-CC Collateral Certificate)
Discover Bank
(Sponsor and Depositor)
(Exact Name of Registrant as Specified in its Charter)
         
Delaware   000-23108   51-0020270
         
(State of
Organization)
  (Commission
File Number)
  (IRS Employer
Identification No.)
     
c/o Discover Bank
12 Read’s Way
New Castle, Delaware
  19720
     
(Address of principal executive offices)   (Zip Code)
Registrant’s Telephone Number, including area code:      (302) 323-7434     
Former name or former address, if changed since last report: Not Applicable
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 


 

Item 8.01.               Other Events
     In connection with the issuance of Class A(2007-2) DiscoverSeries Notes (the “Notes”), Latham & Watkins LLP, counsel to Discover Bank and Discover Card Execution Note Trust (the “Note Issuance Trust”), has delivered (i) an opinion to Discover Bank (as originator of the Note Issuance Trust), dated October 5, 2007, regarding the legality of the Notes upon issuance and sale thereof on October 9, 2007; and (ii) an opinion to Discover Bank (as originator of the Note Issuance Trust), dated October 5, 2007, as to certain federal tax matters concerning the Notes. A copy of the opinion as to legality is filed as Exhibit 5.1, and the opinion as to certain tax matters is filed as Exhibit 8.1 to this Current Report on Form 8-K.

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Item 9.01               Exhibits
         
Exhibit No.  
Description
 
Page
 
       
Exhibit 5.1
  Opinion of Latham & Watkins LLP as to the legality of the Class A(2007-2) DiscoverSeries Notes    
 
       
Exhibit 8.1
  Opinion of Latham & Watkins LLP as to certain federal tax matters concerning the Class A(2007-2) DiscoverSeries Notes    
 
       
Exhibit 23.1
  Consent of Latham & Watkins LLP (included in Exhibit 5.1)    

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SIGNATURES
     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 thereunto duly authorized.
         
  Discover Bank
(as Depositor of Discover Card Execution Note Trust)
 
 
Date: October 5, 2007  By:   /s/ Michael F. Rickert    
    Michael F. Rickert   
    Vice President, Chief Financial Officer and Treasurer   

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INDEX TO EXHIBITS
         
Exhibit No.  
Description
 
Page
 
       
Exhibit 5.1
  Opinion of Latham & Watkins LLP as to the legality of the Class A(2007-2) DiscoverSeries Notes    
 
       
Exhibit 8.1
  Opinion of Latham & Watkins LLP as to certain federal tax matters concerning the Class A(2007-2) DiscoverSeries Notes    
 
       
Exhibit 23.1
  Consent of Latham & Watkins LLP (included in Exhibit 5.1)    

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