A legal battle is brewing between the parent company of Cleveland's AmTrust Bank and the federal regulators who took over the failing thrift late last year.

In court papers filed Friday in U.S. Bankruptcy Court in Cleveland, AmTrust Financial Corp., the corporate parent of AmTrust Bank, asked a bankruptcy judge to disallow the Federal Deposit Insurance Corp.'s $2.2 billion claim against it.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.