8-KExhibits & Filings

JPMORGAN CHASE & CO 8-K Report, Exhibit Filing (Oct 9, 2008)

Filed October 9, 2008For Securities:JPMJPM-PCJPM-PDJPM-PKJPM-PLJPM-PMJPM-PJAMJBVYLD

Summary

JPMorgan Chase & Co. (JPM) filed an 8-K on October 8, 2008, detailing two specific financial instruments: Return Enhanced Notes Linked to the S&P 500® Index due October 26, 2009, and Buffered Return Enhanced Notes Linked to the S&P 500® Index due January 12, 2009. This filing primarily serves to provide the tax opinions from Davis Polk & Wardwell for these notes, which are incorporated by reference into JPM's existing registration statement (Form S-3ASR). For investors, this 8-K is less about new financial performance or strategic shifts and more about the legal and tax aspects of specific debt securities being offered or previously registered. The key takeaway is the confirmation of tax advice related to these S&P 500-linked notes, which is a standard disclosure for such structured products. Investors interested in these particular notes should refer to the prospectus and other related filings for detailed terms, risks, and potential tax implications.

Key Highlights

  • 1JPMorgan Chase & Co. filed an 8-K on October 8, 2008.
  • 2The filing relates to the issuance or registration of two specific note offerings.
  • 3The notes are: Return Enhanced Notes Linked to the S&P 500® Index due October 26, 2009.
  • 4The second note offering is: Buffered Return Enhanced Notes Linked to the S&P 500® Index due January 12, 2009.
  • 5The filing includes Tax Opinions from Davis Polk & Wardwell for both note series.
  • 6These tax opinions are incorporated by reference into JPM's existing registration statement on Form S-3ASR.
  • 7The core purpose of this 8-K is to provide legal and tax documentation for these structured financial products.

Frequently Asked Questions

The main purpose of this 8-K filing is to disclose the tax opinions provided by Davis Polk & Wardwell for two specific note offerings: Return Enhanced Notes Linked to the S&P 500® Index due October 26, 2009, and Buffered Return Enhanced Notes Linked to the S&P 500® Index due January 12, 2009. These opinions are incorporated by reference into JPM's existing registration statement.

No, this specific 8-K filing does not provide information about JPMorgan Chase's overall financial performance or recent financial results. Its focus is solely on the tax opinions for two specific debt securities.

Davis Polk & Wardwell are the legal counsel that provided the tax opinions for the two note offerings mentioned in the filing. They are a prominent law firm.

These are types of structured financial products, typically debt securities, whose return is linked to the performance of an underlying asset, in this case, the S&P 500® Index. 'Return Enhanced' suggests a potential for higher returns but often with limitations. 'Buffered' notes usually offer some level of protection against losses up to a certain threshold.