Martin Scorsese, who previously won an Academy Award for The Departed (a remake of Andrew Lau’s (Infernal Affairs), now came on-board as an executive producer on Lau’s latest effort, his first U.S. film, Revenge of the Green Dragons.

The English-language Hong Kong/New York actioner will have its world premiere at the Toronto International Film Festival, followed by a DirecTV debut on Sept. 11th before A24 takes it to theaters in October.

The flick is directed by Andrew Lau and Andrew Loo off a script penned by Michael DiJiacomo and Loo, and was inspired by Frederick Dannen’s electric New Yorker article that chronicled the underworld of Asian-American gang life in 80’s and 90’s New York City.

The movie stars Justin Chon (Twilight: Breaking Dawn), Kevin Wum, Harry Shum, Jr.(Glee), Shuya Chang (Chinese Puzzle), Geoff Pierson (J. Edgar), Billy Magnussen (the upcoming Into the Woods) and Ray Liotta.

Hit the jump to check out the first trailer and poster. The acting looks very questionable, but other than that, Revenge of the Green Dragons looks like it’s worth a look. Also, I’m really digging this promo poster.

Here’s the official synopsis:

In the vein of crime classics like Mean Streets and Infernal Affairs, Revenge of the Green Dragons follows two immigrant brothers Sonny (Justin Chon) and Steven (Kevin Wu) who survive the impoverished despair of New York in the 1980s by joining Chinatown gang “The Green Dragons”. The brothers quickly rise up the ranks, drawing the unwanted attention of hard-boiled city cops. After an ill- fated love affair pits Sonny against his own brother, he sets out for revenge on the very gang who made him who he is. From acclaimed Director Andrew Lau & Andrew Loo, and legendary Executive Producer Martin Scorsese comes a brilliant mix between a Hong Kong action film and a New York City crime thriller, portraying the never-before-told true story of “The Green Dragons”.