Dina Lohan Releases Statement 'Standing By' Her Troubled Daughter Lindsay Lohan After New York City Arrest (VIDEO)

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Dina Lohan has released a statement defending her troubled daughter Lindsay Lohan following her latest arrest in New York.

The 26-year-old actress landed herself in more hot water after she was arrested for allegedly striking blonde Tiffany Eve Mitchell, 28, at club Avenue in Manhattan's Chelsea district.

And as she faces mounting legal problems, her mom and manager tried to deflect some of intense media heat currently on her daughter.

"At this time I kindly ask that you extend to my family the time we need to address my daughter's circumstances with the appropriate parties," Dina said in a statement obtained by Celebuzz. "As a mother you always love and pray for the best with all your children. Our family's bond grows deeper and stronger during the tough times and I am beyond proud of all of my children for the love and devotion they provide for each other.

"We are there for and stand by one another unconditionally," she added. "Many thanks to all that have expressed concern for my daughter. Your compassionate thoughts and prayers are received with my deepest gratitude."

Lohan was booked for a third-degree misdemeanor assault following the incident before being released from a New York police station around 7.30 a.m. this morning.

And just hours later she was formally charged with three misdemeanors by the Santa Monica city attorney after she was involved in a crash in her Porsche on Pacific Coast Highway back in June.

She told police investigating the incident that she was a passenger in the car when it struck a big-rig when in fact she was actually driving.

Although Momma Lohan is pleading for calm around her daughter, veteran television host Barbara Walters confessed today that even her patience is wearing thin for The Liz & Dick star.

"Good heavens, where does it end with this girl," she said on today's edition of The View.

"It's one thing after another. I have mixed feelings about it because she shouldn't be there (at the bar where the incident took place) at 4 o'clock in the morning."

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