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Portrait ofJelena Nushol Fijačko

Jelena Nushol Fijačko


Bardek, Lisac, Mušec, Skoko and partners
in cooperation with CMS Reich-Rohrwig Hainz
Ilica 1
10000 Zagreb
Languages Croatian, English

Jelena Nushol Fijačko is a partner at CMS in Zagreb and primarily advises clients on banking and finance matters, but also works on M&A transactions.
Jelena Nushol Fijačko worked on wide range of financing projects and M&A transactions in connection with real estate, tourism and hotel industry, shopping centers and retail chains development, industry investments, renewable energy projects, etc. She also deals with restructurings and various compliance matters specific to the banking and financial market, and has recently worked on largest non-performing loan transactions in Croatia and CEE region. She has extensive experience in advising on non-performing loans (NPL) matters.

Many years of work for international and Croatian clients (primarily banks, funds and financial institutions), as well as experience in different types of projects, have all resulted in Jelena Nushol Fijačko’s excellent understanding of the business and ability to respond to her clients’ specific needs.

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“Jelena is excellent at coordinating different legal offices and local counterparts. She is experienced, bringing strong arguments to negotiations, and resolving issues is her strong point.”

Chambers Europe, 2024

“Jelena always has very constructive feedback and a pragmatic approach. She is keen to explain and answer all questions in detail.”

Chambers Europe, 2024

Memberships & Roles

  • Croatian Bar Association
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  • 2010 – Admission to the Bar 
  • 2006 – Mag. iur., Law, University of Zagreb
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Real estate finance law in Croatia
A. Mortgages 1. Can security be granted to a foreign lender? Yes. 2. Can lenders take a mortgage over land and buildings on the land? Yes. 2.1 The distinction between mortgages on land and buildings...
CMS Expert Guide to Crypto Regulation in Croatia
Disclaimer: This chapter was last updated on 23rd May 2024 and does not reflect any subsequent developments. The information provided is intended for general informational purposes and should not be construed...
Contestation rights in Croatia and the impact of the EU’s insolvency law...
Regarding the draft Directive proposed by the European Commission that harmonises facets of insolvency law, it is worth noting that the draft Directive does not prevent EU member states from maintaining...
Aircraft finance and leasing in Croatia
1. PROPOSED TRANSACTION STRUCTURE The Aircraft will be purchased by the Owner and leased on an operating lease basis to the Airline pursuant to the Lease. Is this the usual structure for transactions...
AIFM passporting in Croatia
1. EEA AIFMs AIFMs authorised in their EEA home State may exercise passport rights for management and marketing in Croatia in relation to those types of AIF for which they have been granted authorisation...
Private placement rules and law in Croatia
1. Summary of private placement provisions for fund interests (if applicable) Definition of a “private placement” According to the Croatian Act on Alternative Investment Funds (“AAIF”), the term...
UCITS passporting in Croatia
1. EA UCITS Schemes  Marketing of EEA UCITS Scheme units in Croatia is regulated by the Croatian Act on Open-Ended Investment Funds with a Public Offering (Official Gazette No 44 2016, 126/2019 and...
CMS Reich-Rohrwig Hainz receives the Woman in Law Award 2023 for best Law...
12 October 2023 We are delighted to receive the Women in Law Award for Best Law Firm 2023, which confirms our ongoing commitment to diversity and equality in the legal industry. Our efforts to promote gender diversity, create a fair and inclusive working environment, and support initiatives such as the Ladies League have enriched our culture. Our CMS Diversity and Inclusion charter as well as our internal initiatives reflect our passion to promote women and diversity and to create an inclusive legal industry. We are grateful for this recognition and look forward to a future that is even more diverse, inclusive and sus­tain­able.    Spe­cial thanks to Future-Law, Women in Law Austria and the Association of Austrian Corporate Lawyers - VUJ for the award and to our Ladies League team: Denisa Brighton, Daniela Karollus-Bruner, Daniela Krömer, Jelena Nushol Fijačko, Andrea Potz, Maria Orlyk, Nedzida Sa­li­hovic-Whalen, Gabriela Staber, Marija Tesic and Döne Yalçın.
Sustainability KPIs in finance transactions
Sus­tain­ab­il­ity-linked financing is still in its infancy, but it is already an integral part of today's financing landscape and looks set to remain into the future. Plenty of data and information exists, particularly on the KPIs of sus­tain­ab­il­ity-linked financings, but it is scattered. In this guide we have compiled, analysed and commented on all aspects of sus­tain­ab­il­ity-linked financing to give you access to everything you need to know.
Enhanced regulation of virtual assets service providers through amendments...
A broad range of services related to virtual assets have been regulated by an amendment to the Croatian AML Act, which was adopted at the very end of 2022 and came into force on 1 January 2023.The amended...
Restructuring and insolvency law in Croatia
1. What is the primary legislation governing insolvency and restructuring proceedings in your jurisdiction? Bankruptcy Act (Official Gazette no. 71/15, 104/17)European Regulation on Insolvency Proceedings...
Adria Hotel Forum
Hilton Garden Inn Zagreb - Radnicka, Croatia Adria Hotel Forum (AHF) is the leading Southeast European hotel investment conference. AHF gathers all the relevant actors including international experts...