Nic Cage to star in 'Bad Lieutenant'
Werner Herzog directing updated version of film
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Project, also called "Bad Lieutenant," is due to be announced at Cannes. Production will start in late summer.
The original pic, produced by Pressman, starred Harvey Keitel and was directed by Abel Ferrara from a screenplay by Ferrara and Zoe Lund.
Story followed the depraved New York police officer of the title, who was heavily involved in drugs, gambling, sex and stealing; the pic received an NC-17 rating.
The new script's penned by Billy Finkelstein, a TV writer with credits on "Murder One," "Law & Order" and "NYPD Blue." Stephen Belafonte, who brought Finkelstein to the project, is also producing, while development was financed by producers Alan and Gabe Polsky.
Along with Lerner, Nu Image/Millennium's Danny Dimbort, Trevor Short and Boaz Davidson will exec produce with Elliot Rosenblatt and Alessandro Camon. Randall Emmett and Cage's Saturn Films are also producing.
Cage is filming "Knowing" in Australia for director Alex Proyas. Herzog's expected to follow "Bad Lieutenant" with Focus' "The Piano Tuner" late this year.
