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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 Bardek, Lisac, Mušec, Skoko and partners in cooperation with CMS Reich-Rohrwig Hainz 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 for banking and financial market, and has recently worked on largest non-performing loan transactions in Croatia and CEE region.

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 Nushol is a very nice and very reasonable lawyer. She is my first choice to work with in CMS."

Client Feedback 2015

"Jelena Nushol has a straightforward and co-operative approach."

Client Feedback 2014


  • 2010 – Bar Admission (Croatia)
  • 2006 – Law Faculty, University of Zagreb
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  • Croatian Bar Association
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Lectures list

  • Pre-bankruptcy Proceedings in Croatia – lecture for American Chamber of Commerce
  • Non-performing Loans Transactions – lecture for Croatian banks
  • Free Movement of Goods and Capital within EU - lecture for Croatian Managers Association
  • Are we ready for EU? – lecture for German Chamber of Commerce
  • Anti-trust Rules and Unfair Competition – lecture for American Chamber of Commerce
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Guide to Re­struc­tur­ing in CEE and Aus­tria
Re­struc­tur­ings, es­pe­cially those in­volving mul­tiple jur­is­dic­tions, are in­vari­ably com­plex mat­ters. In this CMS Guide, our ex­perts an­swer sev­en im­port­ant prac­tic­al ques­tions to help you nav­ig­ate through...
02 October 2020
CMS Ex­pert Guide to AML and CTF law and reg­u­la­tion in CEE
In or­der to main­tain the in­teg­rity of fin­an­cial mar­kets and pre­vent cor­rup­tion and ter­ror­ism, it is ne­ces­sary for all gov­ern­ments to take a ro­bust ap­proach to money laun­der­ing and ter­ror­ist fin­an­cing...
09 December 2020
Close co­oper­a­tion and dir­ect su­per­vi­sion of European Cent­ral Bank over...
Now the ne­ces­sary su­per­vis­ory and le­gis­lat­ive pre­requis­ites have been ful­filled, the European Cent­ral Bank Gov­ern­ing Coun­cil has ad­op­ted a de­cision to es­tab­lish close co­oper­a­tion with the Croa­tian Na­tion­al...
Re­struc­tur­ing and in­solv­ency at a glance – CEE over­view
While many spec­u­late that CEE has not been hit by the COV­ID-19 crisis as much as oth­er European coun­tries, due to fast re­ac­tions of the re­spect­ive gov­ern­ments and strict lock­downs, fisc­al ac­tions in­tro­duced...
01 September 2020
CMS Ex­pert Guide to re­struc­tur­ing and in­solv­ency law
Re­struc­tur­ings, es­pe­cially those in­volving mul­tiple jur­is­dic­tions, are in­vari­ably com­plex mat­ters. This CMS Ex­pert Guide provides an over­view of the vari­ous re­struc­tur­ing pos­sib­il­it­ies avail­able in a...
30 June 2020
Croa­tia en­acts Act on the Im­ple­ment­a­tion of the Se­cur­iz­a­tion Reg­u­la­tion
The Croa­tian le­gis­lat­or re­cently made a pos­it­ive move to re­vive the Croa­tian cap­it­al mar­ket by en­act­ing the Act on the Im­ple­ment­a­tion of the Se­cur­it­iz­a­tion Reg­u­la­tion (EU) 2017/2402 (“Act”). This...
Published in Lider Magazine on 22 May 2020
How can busi­nesses make good use of the break from both loan re­pay­ments...
Our CEE part­ner Jelena Nushol pub­lished an art­icle on re­struc­tur­ing and sta­bil­iz­a­tion.  The epi­dem­ic of the COV­ID-19 dis­ease has dis­rup­ted the en­tre­pren­eur­i­al every­day life and has, al­most overnight...
17 April 2020
CMS Ex­pert Guide to coronavir­us re­lated loan morator­i­ums
As the COV­ID-19 out­break con­tin­ues to spread across the globe, gov­ern­ments and banks in many jur­is­dic­tions have in­tro­duced ex­traordin­ary meas­ures to al­le­vi­ate the fin­an­cial and eco­nom­ic im­pact of the...
04 May 2020
Im­port­ant changes in en­force­ment and bank­ruptcy pro­ceed­ings in Croa­tia
There has been an im­port­ant le­gis­la­tion de­vel­op­ment in Croa­tia as part of the COV­ID-19 meas­ures. New Act on In­ter­ven­tion Meas­ures in En­force­ment and In­solv­ency Pro­ceed­ings for Dur­a­tion of Spe­cial Cir­cum­stances...
Published in Lider Magazine on February, the 5th 2020
The takeover value of com­pan­ies in Croa­tia last year was EUR 610 mil­lion,...
Mar­ija Zrno and Jelena Nushol in­vited to com­ment the Emer­ging Europe M&A Re­port 2019/20 for Lider, one of the most known Croa­tian busi­ness magazines. ​Read the fill art­icle here [Croa­tian].
26 March 2020
CMS Ex­pert Guide to sta­bil­isa­tion and re­struc­tur­ing ini­ti­at­ive
Many com­pan­ies have already suc­cess­fully dealt with im­me­di­ate ques­tions such as sup­ply chain man­age­ment, scal­ing down busi­nesses, man­aging em­ploy­ees, cash flow man­age­ment and li­quid­ity re­serves. We are...
14 November 2019
CMS Guide to Pass­port­ing (UCITS)
The pur­pose of this guide is to provide a broad over­view of the key ele­ments of pass­port­ing reg­u­la­tions ap­plic­able to EEA UCITS Scheme in the coun­tries covered in this guide. The guide makes no claims...