Deadline seems to think so:The ever secretive Marvel Studios is in final negotiations with Shane Black to direct Iron Man 3 set to be released on May 3, 2013. As you know, IM1 and IM2 director Jon Favreau begged off to helm Magic Kingdom at Disney so his relationship with the franchise ran its course. Shane is first and foremost a writer but it's not clear whether he'll be penning the IM3 script as well. "That's not figured out," our source says. Of course, everyone in and around Marvel is keeping mum. But Black has a long relationship with Robert Downey Jr since Kiss Kiss, Bang Bang. Not only did Shane make his directing debut on the 2005 cult favorite he co-wrote, but it helped re-launch Downey Jr’s career.
