Opinion
M-278 September Term 2023 088742
11-02-2023
CONSENT ORDER This matter having been opened to the Court by the Office of Attorney Ethics, and with the consent of Philip J. Matsikoudis of Neptune City, who was admitted to the bar of this State in 1989, to be transferred to disability inactive status pursuant to Rule 1:20-12;
And Philip J. Matsikoudis and the Office of Attorney Ethics having agreed that Philip J. Matsikoudis lacks the capacity to engage in the practice of law and should be transferred to disability inactive status pursuant to Rule 1:20-12;
And good cause appearing; It is ORDERED that Philip J. Matsikoudis is hereby transferred to disability inactive status, effective immediately, and until further Order of the Court; and it is further ORDERED that Philip J. Matsikoudis shall not return to active status unless and until Philip J. Matsikoudis demonstrates that Philip J. Matsikoudis has regained the capacity to practice law; and it is further
ORDERED that Philip J. Matsikoudis is hereby restrained from practicing law during the period that Philip J. Matsikoudis remains on disability inactive status; and it is further
ORDERED that all funds, if any, presently existing or hereinafter deposited in any attorney trust account or attorney business account in any New Jersey financial institution maintained by Philip J. Matsikoudis pursuant to Rule 1:21-6 shall be restrained from disbursement and shall be transmitted by the banks which are the present custodians thereof to the Clerk of the Superior Court for deposit in the Superior Court Trust Fund pending further Order of the Court; and it is further
ORDERED that Philip J. Matsikoudis comply with Rule 1:20-20 governing incapacitated attorneys; and it is further
ORDERED that the entire record of this matter be made a permanent part of the file of Philip J. Matsikoudis as an attorney at law of this State.