Recommended arbitration clause

 

“Any dispute arising out of or in connection with this contract, including any disputes regarding its existence, validity or termination, shall be finally  settled by arbitration administered by the Danish Institute of Arbitration in accordance with the Rules of Arbitration adopted by the Board of the Danish Institute of Arbitration.”

Drafters of arbitration clauses may wish to go into more detail and to take into account the following additions:

  • “The arbitral tribunal shall be composed of [one arbitrator] [three arbitrators].”
  • “The place of arbitration shall be […].”
  • “The language to be used in the arbitral proceedings shall be […].”
  • “This contract shall be governed by the substantive law of […].”