NABL Awards 

The Bernard P. Friel Medal honors distinguished service in public finance and was established in 1982 in honor of NABL's first President. Nominees need not be NABL members but may not be current members of the NABL Board of Directors. A list of past recipients of the Friel Medal can be found here.  

The Frederick O. Kiel Distinguished Service Award recognizes an individual for distinguished service to NABL over an extended period of time. Frederick O. Kiel served as NABL's fourth president and was editor of The Bond Lawyer for twenty-five years. A list of past recipients of the Kiel Award can be found here.  

The Carlson Prize, named in honor of Rita J. and Charles P. Carlson, and conceived by Glenn E. Floyd, Norman, Oklahoma, may be awarded annually to the author of the best scholarly article submitted for publication in The Bond Lawyer: The Journal of the National Association of Bond Lawyers, or on the Association's website. A list of the past recipients of the Carslon Prize can be found here

The President's Service Award, established in 2018 by then-President, Alexandra M. MacLennan, honors NABL members who demonstrate exemplary voluntary dedication to NABL's committees, conference and/or projects. A list of past recipients of the President's Service Award can be found here


NABL Announces Award Recipients


The National Association of Bond Lawyers is pleased to announce the recipients of NABL’s prestigious awards. The Bernard P. Friel Medal recognizes distinguished service in the field of public finance. The 2021 Friel Medal will be awarded to William J. Noth, Ahlers & Cooney, P.C​, Des Moines, IA. President-Elect and Awards Committee Chair Ann Fillingham said, “Throughout his career, Bill Noth served as bond counsel and provided innovative public finance thinking to communities in Iowa, both large and small. He formed the Des Moines Metropolitan Wastewater Reclamation Authority, created the master lease purchase program for the Iowa Board of Regents, and served for many years as program counsel for Iowa’s SRF and DWSRF programs, providing decades of distinguished service to his clients. Bill has also been a consistent NABL volunteer, serving on The Bond Lawyer Editorial Board, the author team of Disclosure Roles of Counsel, serving as NABL’s President from 2001-02, and being an early advocate for The Institute as a smaller forum in which experienced practitioners could come together and discuss important issues."

The Frederick O. Kiel Distinguished Service Award recognizes extraordinary service to NABL over an extended period of time. The 2021 Kiel Award will be presented to Paul S. Maco, Bracewell, LLC Washington, DC“Paul Maco has been an important voice in the public finance industry, both while at the SEC and while in private practice. Whether it is serving on the NABL Board, speaking at NABL conferences or penning the “Federal Securities Law” column in The Bond Lawyer, his voice is strong, clear, and firmly grounded in the law, while simultaneously telegraphing his passion for the industry,” said Fillingham.

Due to the COVID-19 pandemic, neither awards were presented in 2020. This year’s Committee elected to present the 2020 Frederick O. Kiel Distinguished Service Award to Carol L. Lew, Stradling Yocca Carlson & Rauth, Newport, CA“The list of Carol Lew’s past and present contributions is long and laudable, and her dedication has really helped facilitate advancements in the law applicable to public finance. She has nearly a decade of leadership as a NABL Board member, including as the 2006-07 President, she is a frequent Workshop panelist, and she continues to volunteer and be a “go to” person on NABL projects such as chairing the working group that wrote two letters to Congress and the Treasury during the early months of the pandemic regarding the impacts on tax-advantaged bonds of COVID-19, helping to ensure that NABL’s voice is being heard with respect to proposed legislation,” said Fillingham.

The awards will be presented during NABL’s Annual Membership Meeting at The Workshop: Hybrid 2021 on Wednesday, October 13, 2021, at The Fairmont Chicago. In addition to Committee Chair Ann Fillingham, the 2021 NABL Awards Committee includes Vice Chair, Teri Guarnaccia, Rich Moore, Ken Artin, and Sandy MacLennan.