In Re Cha Hawaii, LLC

MEMORANDUM OF DECISION ON MOTION FOR ADEQUATE PROTECTION 1

ROBERT J. FARIS, Bankruptcy Judge.

The debtors have admittedly used millions of dollars of cash collateral in which St. Francis Healthcare System of Hawaii and its affiliates (“SFHS”) have an interest, without obtaining the consent of SFHS or a court order authorizing the use of SFHS’ cash collateral. The only questions are (1) exactly how much cash collateral the debtors used without authority and (2) what remedy should be imposed.

1

The dispute concerns funds that passed through an account at First Hawaiian Bank. After the petition date…