The Arbitration Board charges a fee for managing a case in accordance with the procedures for accelerated arbitration.
In addition, a fee is payable to the arbitrator – who will usually be a technical arbitrator – for his or her work on the case, and any expenses relation to meeting facilities, transport, etc are also payable. The arbitrator’s fee is subject to the same rules as those applying to arbitrators in arbitration tribunals, and reference is therefore made to the guidelines on the calculation of fees in arbitration cases and to the information provided under the tab ‘arbitration case costs’.
The arbitrator decides how costs are to be split by the parties.
In a case in which the claim amount does not exceed DKK 500,000, total costs (the charge payable to the Arbitration Board, the arbitrator’s fee, the cost of meeting room facilities, etc) will generally not exceed the deposit amount of DKK 30,000. If justified by the scope of a case, the deposit amount may be increased to a maximum of DKK 40,000. The security to be provided, ie the deposit, will consequently be of the same size.
The parties are jointly and severally liable for payment of all amounts, but will be entitled to recourse. Special rules apply to the provision of security for legal costs. They are set out in Chapter 5 of the 2010 Arbitration Board Rules of Arbitration.
The rules set out in the guidelines on the calculation of fees apply. A party may separately bring a decision concerning the magnitude of costs made by an arbitration tribunal before an ordinary court of law.