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Security for costs determined in pending Supreme Court appeal
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Master of High Court determines security of costs for appeal to Supreme Court in sum of €84,000 (plus VAT) against one appellant and €46,000 (plus VAT) against another appellant, and assesses security in six related appeals.
Stay on appeals granted pending provision of security for costs - determining amount of security - party and party costs - simulating role of taxing master - Order 99, rule 37 - seven related cases - matter of justice - discretion of taxing master - specialised institutional knowledge of taxing master - reduction in costs due to financial crisis - context of rules on party and party costs - Order 99, rule 10(2) - intangible factors affecting determination of costs - particular criteria: special experience of solicitor; amount of work done; degree of responsibility borne - proposed legislation on costs - "fair and reasonable sum" - fairness to both parties - "one third rule".
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