Director Fernando Meirelles (Blindness) and screenwriter Peter Morgan (Frost/Nixon) have formed a rather formidable filmmaking team for the mature drama 360.  Morgan's script is based on the 1900 Arthur Schnitzler play La Ronde, which examines "the sexual morality and class ideology of his day through a series of sexual encounters between pairs of characters."  Despite initial scandal upon its release, Schnitzler's work has inspired many a scribe: 360 is the thirteenth cinematic adaptation listed in Wikipedia.  According to Deadline, David Linde (Y Tu Mamá También) is executive producing.

For me, neither Blindness nor The Constant Gardener lived up to the promise of Meirelles' City of God, but that film will sustain my interest in his career for decades.  Working with the words of Morgan, a proven ace by now, can certainly do no harm.  Morgan's work will next be seen on the screen voiced by Matt Damon and directed by Clint Eastwood in Hereafter, which hits theaters October 22nd.

http://www.deadline.com/2010/06/fernando-meirelles-and-peter-morgan-take-360-turn-together/
Fernando Meirelles And Peter Morgan Take '360' Turn Together
EXCLUSIVE: Here's some news that ought to cheer up fans of mature movies who feel neglected in the escapist summer season. Director Fernando Meirelles just made a deal to direct 360, a Peter Morgan-scripted drama that will be co-financed by ORF Fernsehfilm and BBC Films. The film's producer roster is still coming together, but former Universal co-chairman David Linde is aboard as executive producer.
360 examines sexual morals within and between social classes, using various pairs of characters who have sexual encounters in and outside of their social classes. Morgan's inspiration is Reigen, the play by Austrian author/playwright Arthur Schnitzler. Originally published in 1900, the play was scandalous when first made public. It has since been turned into several films that include the 1950 French language drama La Ronde. Dor Film is also producing 360, a contemporized version of Schnitzler's work.
Linde became involved because of a relationship developed with Meirelles on The Constant Gardener while Linde ran Focus Features. Linde has been flying under the radar as he puts together backing for a new company he'll call Lava Bear. That moniker isn't part of the film package at this point.
WME-repped Meirelles, whose breakthrough film was City of God, last directed Blindness. UTA-repped Peter Morgan most recently wrote the Clint Eastwood-directed Matt Damon-starrer Hereafter and the HBO film The Special Relationship. Morgan's also repped by UK-based Independent.