ORDER

The Disciplinary Review Board having filed a report with the Court recommending that WILLIAM D. HOBSON of WAYNE, PENNSYLVANIA, who was admitted to the bar of this State in 1989 and who was temporarily suspended from practice on September 11, 1995, and who remains suspended at this time, be *270disbarred by way of reciprocal discipline, respondent having been disbarred by consent in Pennsylvania for the knowing misappropriation of client funds, conduct that the Disciplinary Review Board determined pursuant to Rule l:20-14(a)(4)(E) warrants disbarment in New Jersey;

And said WILLIAM D. HOBSON having failed to report his disbarment to the Director of the Office of Attorney Ethics and having failed to appear on the return date of the Order to Show Cause why he should not be disbarred or otherwise disciplined;

And good cause appearing;

It is ORDERED that WILLIAM D. HOBSON be disbarred, effective immediately, and that his name be stricken from the roll of attorneys; and it is further

ORDERED that the entire record of this matter be made a permanent part of respondent’s file as an attorney at law of this State; and it is further

ORDERED that WILLIAM D. HOBSON be and hereby is permanently restrained and enjoined from practicing law; and it is further

ORDERED that all funds, if any, currently existing in any New Jersey financial institution maintained by WILLIAM D. HOB-SON, pursuant to Rule 1:21-6, be restrained from disbursement except upon application to this Court, for good cause shown, and shall be transferred by the financial institution to the Clerk of the Superior Court who is directed to deposit the funds in the Superior Court Trust Fund, pending further Order of this Court; and it is further

ORDERED that respondent reimburse the Disciplinary Oversight Committee for appropriate administrative costs incurred in the prosecution of this matter.