Energy sector experts from Burges Salmon have advised offshore renewable energy company Wave Hub on two wave energy deals with Fortum and Seatricity.

Fortum, a multi-national utilities company from Finland, has signed an agreement to secure a berth at the offshore renewable energy test facility in Cornwall, Wave Hub. The agreement provides Fortum with the opportunity to deploy a wide selection of advanced full scale wave power converters in real sea conditions at one of Wave Hub’s four berths.

Simmons has advised global industrial service provider Ferrostaal on a wide-reaching reorganisation project, involving the conversion of Ferrostaal GmbH into a management holding company by spinning off various operating segments and administrative divisions.

Clyde & Co's global aviation finance team has advised clients VietJetAir and Nok Air on new aircraft orders announced at the Singapore Airshow 2014 last week totalling around USD 11 billion at published manufacturer list prices. In total, Clyde & Co is advising on circa USD 15 billion worth of orders from the show.

Ashurst is delighted to support long term client Crossrail Limited on the rolling stock and depot supply contract. The intention to award the contract to Bambardier was announced on 6 February.

The Ashurst team was led by partners Global Co-head of Energy, Resources, Real estate and Infrastructure, Mark Elsey, and infrastructure partner Terry van Poortvliet, assisted by Stuart Cottis, Georgina Smee and Dan Jarrett.

Bird & Bird LLP has successfully advised the German state of Rhineland-Palatinate on its objective to cover 100% of the state’s gross electricity demand by renewable sources by the year 2030.

Simmons & Simmons advises the Hogg Tendering Advisory Committee on the transfer of the LIBOR administration business. The completion of the transfer of the London Interbank Offered Rate (LIBOR) administration business to Intercontinental Exchange Benchmark Administration Ltd (IBAL) took place on 1 February 2014, following FCA approval of IBAL as the new administrator.

Shoosmiths is providing legal advice to ambitious convenience chain One Stop on its move into franchising. Shoosmiths, which has acted for the convenience store chain for around 10 years, will help it open up to 20 new franchises by the end of February. Five pilot stores have already opened successfully in England and Wales.

One Stop says its franchise model is aimed at 'good independent retailers who want to develop a long-term retail partnership and take their business to the next level'.

Taylor Wessing acted for Arab Jordan Investment Bank (AJIB) on its exchange of contracts on 20 January 2014 with HSBC Bank Middle East to acquire HSBC's business and assets in Jordan. The transaction is expected to complete during the first half of 2014. It is one of the biggest banking deals that Jordan has ever seen.

AJIB has agreed to pay an undisclosed sum for the business, which at 30 September 2013 comprised four branches with gross assets of approximately $1.2 billion.

Bird & Bird's Franchising, Licensing and Multi-Channel strategies team has advised Café Rouge, part of the Tragus Group, the largest operator of some of the UK's best known restaurant brands including Bella Italia and Strada, on the grant of the group's first international franchise venture for Café Rouge in the UAE.

Clifford Chance has advised Shanghai-based Spring Airlines Co., Ltd. (Spring Airlines), China's first and only low-cost airline, on the establishment of, and its investment in, Spring Airlines Japan Co., Ltd, (Spring Japan) a low-cost carrier entrant to the Japanese domestic airline market. Spring Japan was granted approval from Japan Ministry of Land, Infrastructure, Transport and Tourism to commence operations in May 2014.

Spring Airlines Japan Co., Ltd. plans to operate three domestic services from Tokyo Narita to Takamatsu, Hiroshima and Saga from the end of May 2014.