Heat Vision says:
Shane Black is in contention to direct Iron Man 3 for Marvel Studios.
The writer/director has powwowed with Marvel execs about his take on the third installment in the blockbuster franchise. As of now he is being considered for the directing job, but the assumption is that if he gets the gig, he would also write a draft.
Insiders said that Black's involvement is far from a sure thing, and that other filmmakers were being looked at.