AceShowbiz -

Back in November, news spread that Lindsay Lohan would lead the cast of "The Loss of a Teardrop Diamond", but now it seems that the task will probably be entrusted in the hands of Bryce Dallas Howard instead for Production Weekly has claimed that the red-haired beauty is currently involved in negotiations to replace the younger actress in the project.

Based on the Tennessee Williams previously undiscovered screenplay, the flick revolves around Fisher Willow, the disliked 1920s Memphis debutante daughter of a plantation owner, who is caught up in a romance with Jimmy, the down-and-out-yet-handsome son of an alcoholic father. Names confirmed to star so far include Chris Evans, Ellen Burstyn, David Strathairn, and Ann-Margret as Willow's spinster aunt.

Set to direct is indie actress Jodie Markell who will have her feature directorial debut here with Brad Michael Gilbert serving as the producer. Production is scheduled to be commenced this spring in Louisiana.