The Bankruptcy Section of the State Bar of Texas is pleased to announce that the Honorable Carolyn D. King is the recipient of its “Banco Rotto” Award.
The name of the award comes from the Italian phrase meaning “broken bench” which stems from the custom of breaking a money changer’s bench to signify insolvency and from which the term bankruptcy is derived.
The award is given in recognition of extraordinary contribution throughout a lawyer’s career in the practice of bankruptcy law in the State of Texas.
After completing her law degree at Yale, Judge King entered private practice in Houston, Texas. In 1979 she was appointed to the United States Court of Appeals for the Fifth Circuit and was elevated to Chief Judge in 1999. In the opinion of the selection committee, no individual had a more profound positive impact on the practice of bankruptcy law in the State of Texas than Carolyn King. As Chief Judge and as a member of numerous selection committees, she made a substantial impact on the selection of every Bankruptcy Judge in the State of Texas in recent history. During the economic crisis in the 1980’s, Judge King volunteered to sit as a Bankruptcy Judge in the trenches of the Southern District when its case load doubled. Throughout her career on the Fifth Circuit she authored landmark opinions on bankruptcy law. As Chief Judge she displayed a conscientious and caring leadership style, the effect of which can be found in every bankruptcy court in Texas.