Trade Breaks: Perabo, Summit, Overture

“Piper Perabo has inked to star in Disney’s “South of the Border,” to be directed by “Scooby Doo” helmer Raja Gosnell. The live-action film follows a pampered Beverly Hills Chihuahua who gets lost in Mexico and must rely on friends to find her way back Stateside. Perabo recently joined the John Glenn romantic thriller “The Heaven Project” with Paul Walker…” (full details)

“Summit Entertainment has acquired “Parental Guidance,” a spec script by Melissa Carter and Stu Gibbs. Romantic comedy revolves around parents who try and get their son back together with his old girlfriend after he brings home the fiancee from hell. Summit is now looking for a director and thesps for the project…” (full details)

“Overture Films has won a competitive battle to secure rights to the Diane Keaton-Queen Latifah bank heist film “Mad Money ,” scheduled to wrap filming in Louisiana in early June. Overture is also in final negotiations with a major studio to take over overseas distribution of its new slate…” (full details)