DENMARK Law and Practice Contributed by: Thomas Norvold, Søren Locher, Anne Mie Lund and Pawel Weigel, Fabritius Tengnagel & Heine
13.4 Procedure for Enforcing Domestic and Foreign Arbitration The enforcement of an arbitral award in Denmark is done by submitting a request for enforcement to the enforcement court in the district with juris- diction for the enforcement. 14. Outlook 14.1 Proposals for Dispute Resolution Reform Over the past few years, due in part to disrup- tions caused by COVID-19, Danish courts have faced increasing pressure, leading to extended processing times for court cases. In response to this, on 22 November 2023, all political par- ties in the Danish Parliament reached a multi- year political agreement on the budget for the period 2024–2027. Under the agreement, the courts will receive a total of DKK2.3 billion over the agreement period, approximately DKK1 bil- lion of which is allocated to maintaining the cur- rent level of activity, while approximately DKK1.3 billion is set aside for new initiatives. This sig- nificant financial boost is expected to gradually reduce case processing times.
14.2 Growth Areas One of the main areas of growth for commercial disputes has been construction disputes, which can be attributed to the significant activity in this sector in recent years. M&A insurance claims have emerged as another key area of growth for commercial disputes, which is also driven by an increase in market activity in mergers and acqui- sitions.
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