Michael Douglas to play famous pianist
The Hollywood star, who is married to Catherine Zeta-Jones, will take on the role of the American entertainer alongside Matt Damon who will play Scott Thorson, who sued Liberace for $113 million (£64.7 million).
Liberace vehemently denied Thorson's claim that he had been the pianist's companion for five years and should therefore be entitled to a stake of his fortune upon their separation.
Variety magazine reports that PS I Love You writer Richard LaGravanese has penned the script, which deals with the pianist's denial of homosexuality and Aids-related death in 1986.
Earlier this week, it was announced that Soderbergh has reached a distribution deal for his controversial biopic Che.
IFC Films has secured the rights for the North American rights of the film, which star Benicio Del Toro as the title character.