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Financial Services IT - Avoidance of Risks 2014

Speaker(s): David Gavilan, Donald Gammon, Richard Raysman
Recorded on: Mar. 12, 2014
PLI Program #: 55859

Related Practices:  

E-Commerce,  Intellectual Property,  Technology, Outsourcing, Healthcare Technology, Outsourcing and HITECH,  Mergers and Acquisitions, Corporate Services, Data Privacy and Security, Licensing


Richard Raysman is a partner in Holland & Knight's New York office. Mr. Raysman concentrates on computer law, outsourcing, complex technology transactions and intellectual property issues. He has significant experience in structuring technology transactions, and his information technology background and understanding of the law have made him uniquely qualified to represent clients for technology issues. Mr. Raysman has been selected by Chambers USA as one of America's leading outsourcing lawyers. He has also been named by Super Lawyers as a top practitioner. He has litigated reported cases for the New York state and federal courts. Prior to practicing law, Mr.

Raysman was a systems engineer for IBM Corporation for six years. Mr. Raysman writes a monthly column on Technology Law for the New York Law Journal and is a member of the Practical Law Company Advisory Board for Intellectual Property & Technology.

Representative Transactional Matters

  • Represented a telecommunications company in a $1.2 billion outsourcing transaction with a global manufacturing company
  • Represented a transportation agency in a $1 billion acquisition of an automated fare collection system
  • Represented an international manufacturing company in a $500 million worldwide outsourcing of information technology to an international service provider
  • Represented a major hospital in a $350 million outsourcing with a major service provider

Reported Cases

  • Stahl Management Corp. v. Conceptions Unlimited 554 F.Supp. 890 (Judge Duffy, S.D.N.Y., breach of computer contract)
  • H/R Stone, Inc. v. Phoenix Business Systems, Inc. 660 F.Supp. 351 (Judge Walker, S.D.N.Y., breach of computer contract)
  • Baby Togs, Inc. v. IMI Systems 205 A.D.2d 335, 613 N.Y.S.2d 168 (Supreme Court, Appellate Division, First Department, New York, breach of computer contract)

Honors & Awards

  • The Best Lawyers in America guide, Information Technology Law, 2006-2015
  • Client Service All-Star, The BTI Consulting Group, Inc., 2014
  • Who's Who Legal 100: Information Technology, 2014
  • Chambers Global – The World's Leading Lawyers for Business guide, Outsourcing, 2009, 2013, 2014
  • The International Who's Who of Information Technology Lawyers, 2013
  • Chambers USA - America's Leading Business Lawyers guide, Technology & Outsourcing - New York, 2010-2014; Outsourcing - Nationwide, 2008-2014
  • New York Super Lawyers magazine, 2008-2014
  • Guide to the World's Leading Information Technology Lawyers, Legal Media Group's Expert Guides, 2011
  • The Best of the Best 2013, Information Technology, Legal Media Group's Expert Guides
  • The Best of the Best USA 2013, Information Technology, Legal Media Group's Expert Guides
  • Who's Who Legal, 2011


  • Practical Law Company, Intellectual Property & Technology Advisory Board
  • New York State Bar Association, Past Chair, Business Law Section, Past Chair, Finance Committee
  • New York State Bar Association, Special Committee on Prisoner Re-Entry, Vice Chair Association of the Bar of the City of New York, Patent Law Committee
  • International Bar Association, Intellectual Property and Technology Sections Licensing Executives Society, Co-Chair, New York City Chapter
  • M.I.T. Enterprise Forum, New York City Chapter, Secretary and Member of the Board International Technology Law Association, former Director
  • Children for Children Foundation, former Member of Finance Committee, former Board Member New York Bar Foundation, Board Member
  • Central Synagogue, former Member of Education Committee and Capital Campaign Committee
  • U.S. Army, 310th Military Police Company, 1968-1974


  • Brooklyn Law School, J.D.
  • Massachusetts Institute of Technology, B.S.

Bar Admissions

  • New York Connecticut

David Gavilan is Executive Director and Assistant General Counsel in the Legal Department of J.P. Morgan Chase & Co. in the Intellectual Property and Technology (IP&T) transactions group. David leads a team that supports JPMorgan’s Investment Bank across a wide spectrum of intellectual property and technology matters. He is also is the primary legal counsel to, and Secretary of, PricingDirect Inc., an affiliate of JPMorgan, which generates evaluation and analysis of over one million fixed income securities, derivatives, and hard-to-value assets daily. In addition to directing the summer intern program for the IP&T, David is a member of the firm’s IT Risk Leadership Committee and Business Resiliency Committee. David is also a leading innovator in the practice of law – he has run a paper-free legal practice using a tablet PC since 2003, and he has been an influential advocate for the use of collaborative technologies. David was admitted to the New York Bar in 1997 and the United States Supreme Court in 2002. He earned his law degree from the Benjamin N. Cardozo School of Law, and his undergraduate degree in Psychology from Fordham University.