$395,000 Atty Fee Upheld In Paylocity Fee-Shift Battle

Law360, Wilmington (May 18, 2017, 7:52 PM EDT) -- A dispute over attorneys' fees took a testy turn Thursday in payroll software company Paylocity Holding Corp.’s continued defense of an overturned corporate bylaw that would shift legal expenses to stockholders if they lodge a corporate claim in a court outside Delaware.

During arguments before Chancellor Andre G. Bouchard, Paylocity's attorney John L. Reed of DLA Piper challenged in Chancery Court several aspects of Andrews & Springer LLC’s $395,000 fee and expense request in connection with a shareholder challenge to Paylocity’s rule.

Reed said the fee...
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