Washington, DC, January 17, 2012 – Davis Polk & Wardwell LLP today announced that John B. Reynolds III, a leading international trade lawyer, is joining the firm as a partner in the Washington, DC office. The arrival of Mr. Reynolds, who will be a member of Davis Polk’s International Trade and National Security practice and its Financial Institutions Group, will augment the firm’s global regulatory and enforcement capabilities.

John Reynolds is one of the nation’s preeminent international trade attorneys. For more than 20 years, he has been widely recognized as a leader in advising clients across the spectrum of international compliance and enforcement issues, particularly with respect to matters involving U.S. national security. He is frequently called upon by clients to handle matters involving economic sanctions, export controls and issues related to the Committee on Foreign Investment in the United States (CFIUS). He also counsels clients on anti-money laundering, anti-boycott compliance and compliance with the Foreign Corrupt Practices Act (FCPA).

Mr. Reynolds advises U.S. and foreign corporations, financial institutions, defense, technology and consumer products companies, government-owned corporations and sovereign wealth funds. He regularly represents clients before the U.S. Departments of State, Treasury, Commerce, Defense and Homeland Security and the Office of the U.S. Trade Representative. Mr. Reynolds counsels clients on administrative proceedings, trade policy, and foreign acquisitions of U.S. defense and critical infrastructure companies, including negotiating network security agreements. He also advises on international investment transactions, acquisitions, and joint ventures and privatizations.

Mr. Reynolds joins Davis Polk from Wiley Rein LLP. Before entering private practice, he served as an attorney-adviser in the U.S. Department of State’s Legal Adviser’s Office.

“For several decades, Davis Polk clients have benefited from our seasoned team of regulatory lawyers who combine senior government experience with real-world business and financial acumen,” said Thomas J. Reid, Davis Polk’s managing partner. “John continues in this tradition, and his unique regulatory and enforcement capabilities will reach across our transactional and litigation practices to assist clients on their most complex international trade issues. We are pleased to welcome him to Davis Polk.”

John Reynolds said, “Davis Polk’s regulatory and enforcement practices have long been considered among the best in the world. I am excited to work with my new colleagues as we help clients manage the current, unprecedented wave of transnational regulatory challenges.”

About Davis Polk’s International Trade and National Security practice. Davis Polk brings unique experience to compliance, transactional, national security and defense advice to clients affected by U.S. economic sanctions, the USA PATRIOT Act, the FCPA, and the Exon-Florio statute (and associated reviews by CFIUS and the Defense Security Service), among other laws. Lawyers in the firm’s International Trade and National Security practice have served in senior positions in the White House, the Departments of Justice, Treasury and State, the CIA and the SEC, and bring decades of experience to counseling and controversy matters at the intersection of law and public policy. The lawyers in this practice have represented large U.S. and foreign financial institutions and other companies in connection with some of the most prominent enforcement matters brought by U.S. financial regulators, the Office of Foreign Assets Control, the Department of Justice and the SEC, involving sanctions, anti-money laundering and anti-corruption issues. They have also advised clients on high-profile matters involving the U.S. trade and investment laws that apply to cross-border transactions, especially those affecting U.S. national security or the protection of critical infrastructure.

About Davis Polk’s Financial Institutions Group. Davis Polk has one of the world’s most prominent financial institutions practices. The firm’s Financial Institutions Group (FIG) represents many of the most important U.S. and non-U.S. banks, broker-dealers/FCMs, insurance companies, trading markets and investment managers. The firm is at the forefront of advising financial institutions on Dodd-Frank Act regulatory implementation issues, and has been engaged as outside counsel on Dodd-Frank matters by all six of the largest U.S. banking organizations, the Securities Industry and Financial Markets Association (SIFMA), many of the largest foreign banks with operations in the United States and numerous other financial institutions.

About Davis Polk. Davis Polk & Wardwell LLP is a global law firm. For more than 160 years, its lawyers have advised industry-leading companies and global financial institutions on their most challenging legal and business matters. Davis Polk ranks among the world’s preeminent law firms across the entire range of its practice, which spans such areas as capital markets, mergers and acquisitions, credit, litigation, private equity, tax, financial regulation, investment management, insolvency and restructuring, executive compensation, intellectual property, real estate, and trusts and estates. Davis Polk (including its associated entities) has more than 750 lawyers in offices in New York, Menlo Park, CA, Washington, DC, São Paulo, London, Paris, Madrid, Hong Kong, Beijing and Tokyo. For more information, please visit: http://www.davispolk.com.