It took me a while before I realized this was the blueprint for High Society, one of the more decent classics I've seen so far. The story isn't all that unique of course (two guys fighting over a girl), but after some of the details were revealed it was obvious I was watching more or less the same film.
High Society was decent because of its charming cast. Sinatra, Crosby and to a lesser extent Kelly made the constant banter amusing and fun to follow. Grant, Stewart and Hepburn on the other hand are completely unfit for the task. Wooden performances, uncomfortable dialogues and complete lack of charm sink this film.
Though director Cukor also bears some of the responsibility, as the direction feels flat and lifeless. In the end I couldn't care less about these characters. The comedy doesn't shine through, the film looks way too functional and at 110 minutes it's at least half an hour too long. Not good, they made the right choice remaking this one.