Nicholson and Brooks to team up once more
The pair have worked on three projects together and two of those Terms of Endearment and As Good As It Gets have resulted in the One Flew Over the Cuckoo's Nest actor picking up an Oscar.
Nicholson will replace Bill Murray in the as yet unnamed rom-com starring Paul Rudd, Reese Witherspoon and Owen Wilson.
The Lost in Translation star had been in talks to secure the role of Rudd's father in the film, but two weeks before filming had failed to reach an agreement with producers.
Meanwhile, Murray, Dan Aykroyd and Harold Ramis are all of the opinion that the Ghostbusters franchise is ready to be dusted off and a third movie made.
"I'm just waiting for that magic phone call," Aykroyd told the Los Angeles Times.