Richard Price is rewriting the original script from Scott Wiper and John Petro. The script follows Will Shaw, a young Wall Street trader whose family is kidnapped on a vacation to Spain. He's left with only hours to find them, uncover a government conspiracy and the connection between their disappearance and his father's secrets.
Summit is going to distribute the film in the U.S. and sell it internationally. The Cold Light of Day should start shooting on location in Spain in June.