Firm Profile > García & Bodán > Tegucigalpa, Honduras

García & Bodán

Banking and finance Tier 2

Cross-border financial transactions make up a significant part of the workload at regional firm García & Bodán, which offers services throughout Central America, acting for both international and local financial institutions. The team also has notable strength in capital markets matters, recently advising the government of Honduras on a $600m sovereign bond issuance on the international capital markets, and in August 2021 the firm launched a dedicated regional capital markets practice. Project finance and banking regulation are other areas of expertise. Managing partner Vanessa Oquelí leads the team, bringing additional experience in tax issues to the table, and also acts as regional director of the capital markets practice. Godofredo Siercke is noted for his knowledge of financial regulatory matters and the financing of projects, particularly in the energy sector.

Corporate and M&A Tier 2

Regional firm García & Bodán fields an 'accessible and available' corporate practice with experience in cross-border matters, M&A and the establishment of operations of international companies in Honduras. The team, which advises a broad client base of regional and multinational companies, has particular strength in highly regulated sectors, including energy, infrastructure and insurance. Practice head and managing partner Vanessa Oquelí is experienced in M&A and investments, while Ricardo Duarte, who has additional strength in labour matters, and Godofredo Siercke are also key partners in the team. Senior associate Miguel Zapata, who is managing director of the firm's office in San Pedro Sula, and associate Gabriela Aguirre are also noted.

Practice head(s):

Vanessa Oquelí


‘The team stay up to date with developments in the different areas of law where they have experience.’

‘They are always accessible and available, and handle matters promptly and thoroughly.’

‘Vanessa Oquelí and Gabriela Aguirre stand out for their friendliness and timely follow-up on matters.’

Key clients

Aerovías de México (Aeroméxico)

Arch Reinsurance

AJE Group (Big Cola)


Grupo Monge

INCAE Business School

Knoah Solutions

Payless ShoeSource


United Airlines

Comercial Laeizs

Intellectual property Tier 2

Multinationals from the cosmetics, energy, pharmaceutical, food and beverages, telecoms and fashion sectors make up a large part of the client base of García & Bodán, which also advises a number of local entrepreneurs and start-up businesses on IP matters. The firm is active in the management of regional IP portfolios, assisting its other Central American offices with the filing and enforcement of IP rights. Health registrations are also a key area of expertise. Practice co-head Graciela Cruz is experienced in IP and health registrations and portfolio management, and as part of AmCham Honduras' IP Committee she regularly advises customs agents on the identification of counterfeit products. Her fellow co-head Julio Vargas is based in El Salvador.

Practice head(s):

Graciela Cruz; Julio Vargas

Key clients


Sky International


Comlade – Lala

Kraft Heinz


Novo Nordisk

Pet Smart

Juul Labs


Tax Tier 2

García & Bodán is particularly active in advising multinationals, although it also has local companies on its client roster. The team advises on day-to-day matters, including tax authorisations and structuring, as well as on special tax regimes which apply to certain sectors under Honduran law; NGOs make up a key part of the firm's client base in this area, and it also works with AmCham Honduras to provide pro bono advice to non-profit entities. On the contentious side, the team handles administrative and judicial tax proceedings. Managing partner and team head Vanessa Oquelí focuses her practice on tax matters relating to corporate and financial transactions, while Godofredo Siercke handles tax litigation. San Pedro Sula-based senior associate Miguel Zapata and associate Gabriela Aguirre are also noted.

Practice head(s):

Vanessa Oquelí

Key clients

Aerovías de México

Grupo Monge

INCAE Business School

IT Servicios de Infocomunicación Honduras

Software One

United Airlines

Young Life

FCC Construcción de Centroamérica

AJE Group (Big Cola)

Knoah Solutions


García & Bodán ensures uniformity and excellence in its legal services. It is a full-service law firm with eight offices in Central America, located in Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica.

García & Bodán has a team of highly qualified attorneys, who graduated with honours from prestigious national and international universities; recognized for their expertise in complex transactions in a context of rapid change and a competitive business environment and well known for their pragmatic and business-minded approach to the legal issues brought forth by clients.

García & Bodán’s team not only serves and supports its clients in all legal activity required in accordance with their businesses, but also guides foreign investors when entering a new country.

The firm’s main policies are:

  • Fast response in a maximum of three hours during office hours and not more than 24 hours during non-office hours.
  • Observance of conflicts of interests at regional level, not at an individual office.
  • Answers always well founded in law, making reference to the applicable law or disposition.

Main areas of practice
Corporate and transactional: García & Bodán has participated in complex transactions, including mergers and acquisitions, corporate restructuring and elaboration of due diligences in a variety of industrial sectors.

Tax: this practice area is one of the supporting pillars to clients in their investments and businesses in Central America. García & Bodán elaborates and develops tax planning services to maximize clients’ profitability, all in accordance with the laws in force in each country.

Banking and finance: the team provides advice on both unique and complex financial transactions, such as: syndicated bank financing, structured finance, sovereign bond issues, private bond issues, project finance, financing of acquisitions and derivatives, purchase and sale of debt portfolios, trusts, among others; as well as in the area of current regulation of financial markets.

Capital markets: our capital markets practice focuses on advising public and private companies seeking to raise capital, and assisting them in structuring alternative forms of financing, advising them on the best capital structures to meet their business objectives.

Intellectual property: this practice focuses in litigation of patents and actions against trademark infringement, handling of brand portfolios, brand monitoring, health records and legal advice on copyrights and other IP rights.

Litigation and arbitration: this practice group is in the capacity of solving disputes through the use of dispute resolution mechanisms or, if necessary, through litigation before courts of all the jurisdictions, including specialized courts.

Real estate: it is characterized by its active participation in the most important tourism-related transactions, especially in Nicaragua, Guatemala and Honduras. It provides advice to real estate developers, hotel operators and condominium developers, among others.

Labor: García & Bodán provides labor law services in general, including preventive legal advice, ranging from individual to collective issues, and from administrative labor law to full-fledged litigation.

Energy and natural resources: the firm’s expertise covers all areas and activities of the energy and natural resources sector, including oil and gas.

Department Name Email Telephone
Regional Managing Partner Terencio J. García Montenegro (505) 2264 7790
Managing Partner J. Vanessa Oquelí de Riera (504) 2235 9178
Partner Ricardo A. Duarte Jiménez (504) 2235 9178
Partner Godofredo Siercke Núñez (504) 2235 9178
Partner Graciela S. Cruz Raudales (504) 2235 9178
Photo Name Position Profile
 Gabriela Aguirre Barahona  photo Gabriela Aguirre Barahona Associate
 Graciela S. Cruz Raudales  photo Graciela S. Cruz Raudales Partner
 Ricardo A. Duarte Jiménez  photo Ricardo A. Duarte Jiménez Partner
 J. Vanessa Oquelí de Riera  photo J. Vanessa Oquelí de Riera Managing Partner
 Godofredo Siercke Núñez  photo Godofredo Siercke Núñez Partner
 Astrid Villeda Hersperger  photo Astrid Villeda Hersperger Associate
 Mauricio Zarruk Hasbun  photo Mauricio Zarruk Hasbun Corporate-Commercial Labor
Total staff : 8
IBA (International Bar Association)
ABA (American Bar Association)
Partners : 4