On 'Borrowed' time at Alcon

Hilary Swank and Molly Smith's company picks up another

Continuing its acquisitions streak, Hilary Swank and producing partner Molly Smith's Alcon Entertainment-based 2S Films has picked up the screen rights to Emily Giffin's 2005 debut novel "Something Borrowed," as well as its sequel, "Something Blue."

2S, which has its own discretionary fund, has been busy acquiring material and developing it in-house since setting up shop at Alcon in June, but this is the first project that will be financed and developed at Warner Bros.-based Alcon. The project is a potential starring vehicle for Swank.

"Borrowed" centers on a Manhattan attorney who becomes involved with her best friend's fiance following her 30th birthday. "Blue," published a year later, told the same basic story but from the point of the view of the best friend, a shopaholic publicist.

Giffin, a lawyer-turned-writer, also wrote the chicklit books "Love the One You're With" and "Baby Proof."

Swank and Smith will produce "Borrowed" with Aaron Lubin and Pamela Schein Murphy of Wild Ocean Films. Wild Ocean initially optioned the book from CAA, with Alcon and 2S now jointly taking over that option. Alcon, 2S and Wild Ocean will develop the project together.

Wild Ocean was behind the romantic drama "Purple Violets," which starred Selma Blair, Patrick Wilson and Debra Messing.

Alcon has "The Sisterhood of the Traveling Pants 2" currently in theaters.