Writer-director Nicholas Jarecki is set to start principal photography in Gotham next spring.
Lisa Wilson’s Parlay Films, an affiliate of GK Films, is selling international rights and will debut the project at the American Film Market. ICM is repping North American rights.
“Arbitrage” stars Pacino as a hedge fund magnate who is in over his head and desperate to complete the sale of his trading empire to a major bank before his fraud is revealed. But an unexpected, bloody error forces him to turn to the most unlikely corner for help.
Foreign buyers have shown keen interest in financial dramas in the wake of the economic collapse of late 2008. Myriad Pictures has seen brisk sales for Kevin Spacey-Jeremy Irons-Zachary Quinto topliner “Margin Call,” which will also be at AFM.
Other upcoming Pacino projects include Sony’s Adam Sandler comedy “Jack and Jill,” which is eyeing an October start date. He recently won an Emmy for HBO’s “You Don’t Know Jack” and appeared onstage this year in “The Merchant of Venice.”
Sarandon was most recently seen in 20th Century Fox’s “Wall Street: Money Never Sleeps.” Green is in production on the “Camelot” series for Starz and GK-TV.
Jarecki’s credits include docu “The Outsider” featuring James Toback. He also co-wrote “The Informers” with Bret Easton Ellis. He’s the brother of filmmakers Andrew and Eugene Jarecki.
Ohoven is in post-production on “The Fields,” starring Sam Worthington. Infinity will next produce and finance psychological thriller “The Door,” which begins lensing later this month.
Pacino is repped by ICM.