In order to save time and Money, many companies choose to solve their disputes by mediation in accordance with the Danish Institute of Arbitration (DIA) Rules on Mediation. The DIA’s current rules on mediation were adopted in 2015.
The mediation is commenced the day the DIA receives a Request for Mediation, see Article 3 of the Rules, accompanied of a fee of EUR 1,300.00. If the dispute is settled, the Parties can request that the settlement is confirmed in form of a final arbitral award on agreed terms; it means that the settlement may be enforceable at the ordinary courts to the same extent as any other arbitral award. If the mediation ends without reaching a settlement, the Parties can agree that the dispute shall be solved by arbitration administrated by the DIA and in accordance with the DIA’s Rules of Arbitration Procedure.