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‘Picasso’ cast’s a big draw

Laffer begins lensing next February

NEW YORK — Ryan Phillippe, Kevin Kline, Steve Martin and Juliette Binoche will co-star in “Picasso at the Lapin Agile,” a feature based on Martin’s play of the same title.

Gotham-based Abandon Pictures and Paula Mazur will produce, with Fred Schepisi directing from his own adaptation. Pic will begin lensing next February.

Winner of the 1996 New York Outer Critics’ Circle Awards for best play and best playwright, “Picasso” is a comedy set in a bar in 1904 Paris. Twentysomethings Pablo Picasso and Albert Einstein, both on the verge of greatness, argue about life, art, science and lust. Rupturing the space/time continuum, young Elvis joins them and the three experience the magic of forever altering the future.

Mazur (“The Vagina Monologues”) has a first-look pact with Abandon. Schepisi, who last helmed “The Last Orders,” will also produce along with Joan Stein and Stephen Eich, who produced the original stage version of the play.

Abandon’s Marcus Ticotin and Karen Lauder will serve as exec producers. Jere Hausfater and Michael Dragotto of Intermedia Films will handle international sales on behalf of Abandon.