Catchwords:

COSTS — Security for costs — Application for provision of security by corporate appellant — Corporations Act 2001 (Cth) s 1335 — Where only quantum of security in issue — Whether security sought by respondent excessive or unreasonable — Where competing solicitor’s estimates of parties’ actual costs — Whether quantum of security proportionate to importance and actual complexity of issues on appeal — application of the proportionality principle — Civil Procedure Act 2005 (NSW), s 60