BREAKING NEWS - Hearing Postponed, Lindsay Lohan Faces Jail Time On Two Counts

So here are the highlights from today's hearing in Lindsay Lohan's grand theft felony case for her alleged theft of a $2500 custom necklace from Venice Beach jeweler Kamofie & Company ...

Judge Keith Schwartz told Lindsay and her attorney Shawn Holley:

9:13 - Case will continue on April 22
9:15 - Judge putting Lindsay on notice for probation violation
9:15 - Lindsay will be back in court on March 25 for interim hearing
9:16 - Judge expresses concern about media getting information outside of public hearings. Says "it's not right to have these things leaking out. It should be heard in a public setting where everyone has the information."
9:17 - Judge says the only way Lindsay will appear before him again is to plead guilty or no contest. That will happen only if a deal is not reached with DA and judge before then. Otherwise, Judge Stephanie Sautner will handle case from here forward. Lindsay's attorney Shawn Holley will have to reach Judge Schwartz by March 23 to notify him of their intentions.

The 24-year-old is expected to now try to negotiate a plea since her only other choice (pleading guilty or no contest) will definitely result in jail time.

Meanwhile, Judge Sautner will decide if Lindsay violated her probation and if she finds that to be the case, again, Lindsay will get jail time as she awaits trial for the theft charges.

Things aren't looking so great for Ms. Lohan!