Wedding Crashers buddies Vince Vaughn and Owen Wilson are set to reunite for Interns, with Shawn Levy (Real Steel) directing.  As a producer, Levy is currently in post-production on the Vaughn-led comedy Neighborhood Watch.  Levy was hoping to make Frankenstein next, but Vulture hears that he’ll have to cut the $80 million budget before Fox is willing to consider the project.  Vaughn is in a similar position since The Inane Laws is reportedly having trouble getting off the ground over at Universal.  (The rumor mill whispers that Vaughn is still demanding a Wedding Crashers-era paycheck in the wake of The Dilemma.)  The serendipity led Vaughn and Levy back to Fox to pitch Interns, a comedy that Vaughn wrote about fortysomething friends who get laid off: “Convinced they’ve gone about managing their careers entirely wrong, they resolve to become interns at a Google-like dotcom and start anew.”  Hijinks ensue when Vaughn and Wilson compete against “wily, fresh-faced 22-year-olds” to advance in the company.

Vaughn and Wilson have shown interest in re-teaming, but 2 Guns somehow transformed from a Vaughn/Wilson vehicle to an actioner starring Mark Wahlberg and Denzel Washington.  Interns sounds like a suitable replacement, with a fruitful premise for their style as a comedy duo.

Jason Bateman is a very busy man. He’s got two comedies opening this summer, The Change-Up and Horrible Bosses, plus he has to keep everyone updated on the Arrested Development movie. Well now he’s in early negotiations to join Vince Vaughn in the comedy Insane Laws. Marking the feature directorial debut of screenwriter Jeremy Garelick (The Break-Up), the film focuses on two best friends whose lives are impacted when their kids begin dating. The situation is exacerbated when when Vaughn’s character’s daughter becomes pregnant.

Deadline reports that the actors recently did a read-through of the script, and that production could begin as soon as the fall. Garelick co-wrote The Break-Up with Vaughn, and performed extensive rewrites on The Hangover (director Todd Phillips claims Garelick was responsible for the lion’s share of the finished script). I think the comedic stylings of Bateman and Vaughn could make for some fantastic on-screen chemistry, so I’m hoping everything comes together on this project. Horrible Bosses opens July 8th, while The Change-Up hits theaters August 5th.

Universal is currently in negotiations to acquire a relationship comedy written by Jeremy Garelick (The Break-Up) from Columbia. Insane Laws will be set up as a starring vehicle for Vince Vaughn, who will also produce. The film “focuses on two best friends and how their lives are impacted when their grown children fall in love, with one man’s daughter becoming pregnant by his best friend’s son.” THR reports that with the original deal at Columbia, Garelick was set to make his directorial debut on the project. No word on whether Universal will keep him on as director. Neil Moritz (I Am Legend) is on board as a producer.