Have a 3750 with IOS 12.2(25)SEB2 and have a cisco IP phone on one port that goes down several times a day and loses power. This is error in 3750 switch indicating a issue with inline power on switch.
The port does have Input errors, so I am guessing this Imax error detected is some inline power error threshold being crossed.
016286: Nov 10 14:18:01.446 CST: %ILPOWER-3-CONTROLLER_PORT_ERR: Controller port error, Interface Fa1/0/15: Power Controller reports power Imax error detected