Opinion
January 31, 1985.
DISCIPLINARY MATTERS
ORDER TO SHOW CAUSE
The Office of Attorney Ethics having petitioned the Supreme Court for an order temporarily suspending L. William Balsam of Nutley from the practice of law pursuant to R. 1:20-5(b), and for restraints on the disbursal of funds from all trust accounts maintained pursuant to R. 1:21-6, and good cause appearing;
It is ORDERED that L. William Balsam be temporarily suspended from the practice of law, effective immediately, and until further order of the Court; and it is further
ORDERED that all trust funds presently existing in any New Jersey banking institution including, but not limited to, the First Fidelity Bank, P.O. Box 15303, 810 Broad Street, Newark, New Jersey, trust account # 124-021366-1 and any other trust accounts maintained solely by L. William Balsam pursuant to R. 1:21-6, relating to his law practice, and any account maintained pursuant to R. 1:21-6 where L. William Balsam is one of two or more authorized signatories, shall not be disbursed except upon application to this Court, for good cause shown, pending the further order of this Court, except that disbursements may be made from the latter upon authorization of a signatory other than L. William Balsam;
ORDERED that L. William Balsam show cause before this Court on Tuesday, February 19, 1985 at 2:00 p.m. in the Supreme Court Courtroom, Richard J. Hughes Justice Complex, Trenton, why the temporary suspension and restraints herein should not continue pending final disposition of any complaints against him and until further order of the Court and further why the trust funds maintained solely by L. William Balsam restrained from disbursement by this Order should not be transmitted by the banks which are the present custodians to the Clerk of the Superior Court for deposit in the Superior Court Trust Fund pending further order of this Court; and it is further
ORDERED that the respondent may move prior to the return date of this Order to Show Cause on an application for good cause shown for modification of this Order or the restraints contained herein; and it is further
ORDERED that David E. Johnson, Jr., Esquire, or his designee, shall present this matter to the Court; and it is further
ORDERED that L. William Balsam be restrained and enjoined from practicing law during the period of her suspension; and it is further
ORDERED that respondent comply with Administrative Guideline No. 23 of the Office of Attorney Ethics governing suspended, disbarred or resigned attorneys.