8-KExhibits & Filings

JPMORGAN CHASE & CO 8-K Report, Exhibit Filing (Oct 28, 2008)

Filed October 28, 2008For Securities:JPMJPM-PCJPM-PDJPM-PKJPM-PLJPM-PMJPM-PJAMJBVYLD

Summary

JPMorgan Chase & Co. (JPM) filed an 8-K on October 27, 2008, primarily to include an exhibit related to a specific financial product. The key filing is an exhibit, 8.1, which is a Tax Opinion from Sidley Austin llp concerning $4,124,000 of Buffered Return Enhanced Notes. These notes are linked to a basket comprising the S&P 500® Index and the iShares® MSCI Emerging Markets Index Fund, with a maturity date of April 29, 2011. While this 8-K does not contain broad financial performance updates or strategic shifts, it is important for investors to understand the types of financial instruments JPM is issuing and the associated tax implications as detailed in the legal opinion. The inclusion of this tax opinion suggests the company is actively managing and documenting its structured product offerings.

Key Highlights

  • 1Filing type: 8-K Current Report
  • 2Company: JPMORGAN CHASE & CO (JPM)
  • 3Event Date: October 23, 2008
  • 4Filing Date: October 27, 2008
  • 5Key Exhibit: Tax Opinion (Exhibit 8.1) from Sidley Austin llp
  • 6Product Detailed: $4,124,000 Buffered Return Enhanced Notes
  • 7Underlying Assets: S&P 500® Index and iShares® MSCI Emerging Markets Index Fund

Frequently Asked Questions

The primary purpose of this 8-K filing is to provide a Tax Opinion from Sidley Austin llp related to a specific structured financial product issued by JPMorgan Chase & Co.

The exhibit details a $4,124,000 issuance of Buffered Return Enhanced Notes. These notes are designed to provide a return linked to a basket of assets.

The notes are linked to an equally weighted basket consisting of the S&P 500® Index and the iShares® MSCI Emerging Markets Index Fund.

The Buffered Return Enhanced Notes are set to mature on April 29, 2011.