AceShowbiz -

Finally finds a female actor after garnering male thespians in its cast, "Fred Claus" has smoothly added Elizabeth Banks in the line-up. Plotted to play opposite Vince Vaughn, the beauty is billed to portray the funnyman's love interest, a hyper-organized member of Santa's Little Helpers. Vaughn himself will be the loser brother of Santa Claus who returns to North Pole after living in New York for years.

A Warner Bros. production, "Fred Claus" also features Paul Giamatti, Kevin Spacey, and John Michael Higgins as the cast members with David Dobkin at helm. Dobkin is also producing alongside Jessie Nelson who pens the script with Dan Fogelman.

In related news, Banks has also been reported to currently engage in negotiations to star in "Definitely, Maybe", a rom-com flick from Working Title and Universal Pictures. The actress recently wrapped up filming on "Bill" opposite Aaron Eckhart and is going to be seen next in Disney's sports drama of "Invincible."