
Arbitration Act (Denmark)
The Arbitration Act of Denmark regulates how disputes are resolved through arbitration instead of courts. It provides a legal framework for selecting arbitrators, conducting proceedings, and issuing binding awards. The law emphasizes fairness, neutrality, and efficiency, allowing parties to resolve commercial disagreements privately while ensuring decisions are recognized and enforceable by courts. It also outlines rules for challenging arbitration awards and safeguards against procedural abuses. Overall, the Act aims to facilitate a reliable and flexible alternative to litigation, promoting speedy and expert resolution of disputes in a manner consistent with Danish law.