New York, May 15, 2012Cravath, Swaine & Moore LLP is pleased to announce that Francis P. Barron, former Chief Legal Officer at Morgan Stanley, will be rejoining Cravath as a partner on July 1, 2012.

After joining Morgan Stanley in July 2010, Mr. Barron advised Morgan Stanley's senior management on navigating a wide range of critical issues, including a complex and constantly evolving legal and regulatory environment. Prior to joining Morgan Stanley, Mr. Barron was for 25 years a litigation partner at Cravath, where he advised many of the world's leading corporations, financial institutions and accounting firms with respect to their most important and challenging securities, antitrust and commercial disputes and federal and state regulatory matters. In addition, as a member of Cravath's board advisory practice, Mr. Barron counseled boards of directors, board committees and senior management of corporations and financial institutions in connection with some of their most significant issues, including government and internal investigations, shareholder demands and derivative litigation, and accounting restatements.

Mr. Barron's clients have included CBS Inc., Citigroup, Cummins Engine Company, DreamWorks Animation, The General Electric Company, p.l.c., General Reinsurance Co., Goldman Sachs, Lucent Technologies, Morgan Stanley, Nestlé, PricewaterhouseCoopers, Texaco, UBS and Vitro S.A.

When he returns to Cravath, Mr. Barron will again be a partner in the Litigation Department and a member of the board advisory practice. Cravath Presiding Partner Evan R. Chesler said, "We are delighted that Frank will be returning to the Firm. The breadth and depth of his litigation and board advisory experience fit seamlessly with the needs of our clients in today's challenging economic and regulatory environment."

Cravath, Swaine & Moore LLP, whose roots date back to 1819, has more than 490 lawyers in New York City and London.