According to Variety, Mandalay has made a deal with Wild Things helmer John McNaughton to direct Backstabbers, penned by Stephen Peters, who wrote the 1998 sexy thriller starring Denise Richards, Neve Campbell, Matt Dillon and Kevin Bacon.
Richards and Campbell are in talks to reteam in Backstabbers.
The story is described as a sexy caper about a rich New York man who masterminds his wife's kidnapping unaware that his mistress and bodyguard are going to double-cross him.
Backstabbers has been in development at Mandalay for several years and once had John Herzfeld attached to direct. At that time, however, pic was titled "Trophy Wife" and the plot has had an overhaul since then. Although Backstabbers reunites the players from Wild Things, it's not being billed as a sequel. That pic already spawned 2004's video title Wild Things 2.