The organisers have called on a host of famous names to act as guest curators, including Brokeback Mountain director Ang Lee, Pan's Labyrinth filmmaker Guillermo del Toro and Desperado star Antonio Banderas.
LMFF 2011 runs from April 14th to 26th, kicking off with the Opening Night Gala at La Mirada Lounge, next door to ACMI Cinemas. Director Gustavo Taretto has been lined up to appear at the event.
Guests will have the chance to enjoy fine Spanish cuisine, wines and Argentinean beer while listening to a set from DJ Mohair Slim.
This is followed by a screening of Taretto movie Medianeras, described by the organisers as a "quirky, intelligent, compelling and visually astonishing film".
Tickets for the launch party cost AU$49, although a discount of AU$7 is available to ACMI members. Proceedings are scheduled to get started at 19:00 local time.
Among the other pictures to be screened at LMFF are Even the Rain, Maria and I, The Lucky Star and Welcome Mr Marshall, which has been specially chosen by Banderas.
Movie buffs looking for hotels in Melbourne can visit LateRooms.com.au and choose from a wide array of cheap accommodation in the city.
Head to www.lamirada.org.au for more information on the festival.
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