Centerre Bank National Ass'n v. Continental Marine Corp. (In Re Continental Marine Corp.)

MEMORANDUM OPINION

ROBERT E. BRAUER, Bankruptcy Judge.

The Plaintiff Bank has filed a two-Count Application, seeking in each Count an adjudication in contempt against the Debtor, and other relief. Count II of the application is said to present the question: may a Debtor be adjudicated in contempt — absent an order by the Bankruptcy court — for a failure, whether willful or otherwise, to obey the commands of 11 U.S.C. § 363(c)(2), and (4), which prohibits the use of cash collateral 1 , by a Chapter 11 Debtor 2 , and requires the segregation and accounting of such cash collateral by such Debtor,…