Denied
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TAW-62927  /  Chase Homes Finance LLC (Lexington, KY)

Petitioner Type: Workers
Impact Date:
Filed Date: 02/29/2008
Most Recent Update: 03/17/2008
Determination Date: 03/17/2008
Expiration Date:

DEPARTMENT OF LABOR
Employment and Training Administration
TA-W-62,927

CHASE HOME FINANCE LLC
A DIVISION OF JP MORGAN CHASE & CO.
LEXINGTON, KENTUCKY

Negative Determination Regarding Eligibility
To Apply for Worker Adjustment Assistance and
Alternative Trade Adjustment Assistance

In accordance with Section 223 of the Trade Act of 1974, as
amended (19 USC 2273), the Department of Labor herein presents the
results of an investigation regarding certification of eligibility
to apply for worker adjustment assistance.
The investigation was initiated on February 28, 2008, in
response to a petition filed on behalf of workers of Chase Home
Finance LLC, a division of JP Morgan Chase & Co., Lexington,
Kentucky. Workers of the subject firm provided loan services for
home mortgages and home equity lines of credit.
The investigation revealed that Chase Home Finance LLC, a
division of JP Morgan Chase & Co., Lexington, Kentucky, does not
produce an article within the meaning of Section 222(a)(2) of the
Act. In order to be considered eligible to apply for adjustment
assistance under Section 223 of the Trade Act of 1974, the worker
group seeking certification (or on whose behalf certification is
being sought) must work for a "firm" or appropriate subdivision
that produces an article and there must be a relationship between
the workers' work and the article produced by the workers' firm or
appropriate subdivision. The workers of Chase Home Finance LLC, a
division of JP Morgan Chase & Co., Lexington, Kentucky do not
support a firm or appropriate subdivision that produces an article
domestically and thus the worker group can not be considered import
impacted or affected by a shift in production of an article.
In addition, in accordance with Section 246 the Trade Act of
1974 (26 USC 2813), as amended, the Department of Labor herein
presents the results of its investigation regarding certification
of eligibility to apply for alternative trade adjustment assistance
(ATAA) for older workers.
In order for the Department to issue a certification of
eligibility to apply for ATAA, the worker group must be certified
eligible to apply for trade adjustment assistance (TAA). Since the
workers are denied eligibility to apply for TAA, the workers cannot
be certified eligible for ATAA.
Conclusion
After careful review, I determine that all workers of Chase
Home Finance LLC, a division of JP Morgan Chase & Co., Lexington,
Kentucky are denied eligibility to apply for adjustment assistance
under Section 223 of the Trade Act of 1974, and alternative trade
adjustment assistance under Section 246 of the Trade Act of 1974.
Signed in Washington, D.C., this 17th day of March 2008.


/s/Elliott S. Kushner
______________________________
ELLIOTT S. KUSHNER
Certifying Officer, Division of
Trade Adjustment Assistance