In informal dispute assessment proceedings the parties must provide security for all estimated costs relating to the assessment. In addition to the Arbitration Board fee for management of the case, the security must cover the assessor’s fee as provisionally estimated.
If the parties wish an additional assessor to be included, a supplementary fee of DKK 2,000 is payable.
The assessor’s fee for his or her work in the procedure is calculated on the basis of time spent. The fee and other costs are determined by the Arbitration Board based on a recommendation from the assessor.
At the start of the procedure, the Arbitration Board determines the amount of security to be provided, which will give the parties an idea of the maximum costs involved in the case procedure. The amount will in principle be DKK 20,000, which must be distributed equally among the parties.
The parties are jointly and severally liable for the amount, with recourse.
The parties are jointly and severally liable for the amount, with recourse.
A front-end fee of DKK 4,000 and a service charge of DKK 7,000 is payable at the start of proceedings.
If the parties withdraw the case not later than thirty days after it was filed with the Arbitration Board and before an assessor has been appointed, the service charge will be waived.
An overview of the board's fees and charges can be found below.
I forbindelse med betalinger for ydelser og opkrævning af depoter fra Voldgiftsnævnets side fremsender sekretariatet en skrivelse, der indeholder en FIK-kode. For at sikre en hurtig og korrekt registrering af betalinger og depoter til Voldgiftsnævnet, bedes denne FIK-kode anvendt. Nogle af nævnets breve indeholder koder for begge parter med tydelig angivelse af parternes navne ud for den relevante kode. Indbetal venligst på rette FIK-kode.
Some IT systems do not support the use of FIK codes. Instead, payment can be made to:
Danske Bank, reg. nr. 4180 konto nr. 4180211519. SWIFT: DABADKKK – DKK IBAN: DK5830004180211519.
If manual transfers are used, please state the Arbitration Board file number, the names of the parties and the name of the payer.