LAWYERS for Sean Dunne and his wife Gayle Killilea will argue that NAMA's US case against them should be dismissed because all of the key players in the row are Irish.
NAMA has taken an action against the couple, other parties and linked companies, over claims that the developer fraudulently attempted to hide profits from the purchase and sale of properties in Connecticut and Switzerland.
Mr Dunne denies any involvement in the transactions, which netted the sellers a gross profit of close to $6m (€4.4m).
At a hearing this afternoon in Connecticut Superior Court in Stamford, lawyers will make oral arguments for and against a motion to dismiss NAMA's case.
Mr Dunne is claiming the US court has no jurisdiction over his dispute with NAMA, which is attempting to collect on a €185m judgment lodged against him. The Dunnes submitted separate but similar motions asking for the case to be dismissed. They argue the case would be better heard in Ireland – or even Switzerland.
It is a dispute that involves an Irish plaintiff and Irish defendants, who were non-US residents when the properties were bought, their lawyers argue.
NAMA's lawyers have argued that while the parties are Irish, the couple now reside in the US and that it is a recovery action where the assets are in the US. A trial date has been set for September 2014.