A script that sparked a big bidding war has found a director for the project. According to Variety, Mark Palansky (Penelope) has come aboard to direct Iron Jack for Sony.

Palansky will be directing from Johnny Rosenthal's spec script, which created a bidding war between MGM, CBS Films and Spyglass last year. The film will center on a famed 1930s novelist and his quest to unearth a mysterious treasure.

No production schedule was announced for the film.

Evan Jacobs