The work of the Arbitration Board has until recently been focused on expert appraisal, expert determination and arbitral cases. However, the other dispute resolution models, ie mediation, conciliation, anticipatory arbitration and simplified arbitration, are being applied more and more due to AB-18.
In recent years app. 25% of all hearings have been rescheduled, generally based on agreement between the parties. About 20% of all cases for which a hearing has been scheduled are settled before the date of the hearing.
In 2021, approximately 45% of all arbitral cases ended with a settlement, while about 35% of cases ended with an award or some other ruling. The remaining 20% of cases were withdrawn or otherwise discontinued.
Arbitral cases that involve the Arbitration Board will generally be of a particular financial order of magnitude, involving claims for sums ranging from in excess of DKK 100,000 and up to several hundred million kroner. in 2021, the sums claimed in pending cases could be broken down as follows: cases involving claims for less than DKK 1 million accounted for 28%, cases involving claims for DKK 1 million to DKK 10 million accounted for 46%, while the claim amount in 19% of cases ranged between DKK 10 million and DKK 50 million. In 7% of cases, the claim amount exceeded DKK 50 million.