They are describing it as a remake of 1993’s Kozure Okami: Sono Chisaki Te Ni (Lone Wolf and Cub: Final Conflict).
Movie industry trade journal Variety has reported that a live-action adaptation of Kazuo Koike and Goseki Kojima’s Lone Wolf and Cub samurai manga is in development from producer Steven Paul’s SP International Pictures..
Following past jobs producing Marvel Comic’s Ghost Rider 1 & 2 and Namco Bandai’s Tekken 1 & 2, current projects include live-action Ghost in the Shell.