Variety reports that Mike Nichols is set to direct the remake of Akira Kurosawa’s High and Low for Miramax Films.

The original was a 1963 detective thriller, based on the novel “King’s Ransom” by Ed McBain. It followed a businessman who is ruined when he pays ransom to kidnappers who mistakenly nabbed his driver’s son.

The script is being penned by David Mamet, with Scott Rudin producing.