Kimberly Peirce Plunges “The Knife”

Kimberly Peirce (“Boys Don’t Cry,” “Stop-Loss”) is set to direct the drama “The Knife” for Universal Pictures and Imagine Entertainment reports Deadline.

The story is inspired by the true one of a Crips gang member in South Central Los Angeles who became a paid FBI informant. Together with a hard-nosed agent, they pulled of a huge series of busts including drugs, arms dealing and murder.

In fact they were so good that gang leaders vowed to “kill all snitches” which put the informant’s life in danger. Vineet Dewan penned the script and a graphic novel for the property based on a 2008 GQ Magazine article by Guy Lawson.

Unlike most who simply pitch projects with basic two-minute conversations, Peirce reportedly walked in with a sub-$30 million budget estimate, a 60-page outline and the graphic novel which lead to the deal. Brian Grazer is producing.