The registration fee of DKK 9,700 or EUR 1,300 is to be paid to the Institute’s bank account when filing the Statement of Claim at the Institute. The amount of the fee(s) to the arbitrator(s) and the amount of the administrative charge to the Institute depend on the total amount in dispute.
1. Disputed Amount
2. Cost of the proceedings
|SOLE ARBITRATOR||DKK - Minimum||DKK - Maximum|
|Fee(s) to the arbitrator(s)||10.000||15.000|
|Advance on costs||27.200||32.200|
|THREE ARBITRATORS||DKK - Minimum||DKK - Maximum|
|Fee(s) to the arbitrator(s)||30.000||35.000|
|Advance on costs||47.200||52.200|
In addition, costs for catering at the Oral Hearing are usually added to the total costs. This also applies for the Arbitral Tribunal’s reasonable costs related to the arbitration, i.e. transport and lodging etc.
By accepting the case, the arbitrator accepts a fee in accordance with the Institute’s rates. The fee to the arbitrator can as a starting point not exceed the maximum amount stated above. The fees of the arbitrators shall be fixed by the Chairman’s Committee of the DIA in accordance with the procedure and terms in Article 3 in Appendix 1 to the Rules of Arbitration Procedure or the Simplified Rules of Arbitration. The administrative charge shall also be fixed by the Chairman’s Committee in accordance with Article 2 in the same Appendix 1.
If a case is settled amicably or for other reasons not finalized, the Institute shall determine a suitable fee, taking into account the work that the Institute and the arbitral tribunal have put into the case.