Oops!

TMZ has video of Lindsay Lohan sipping what looks to be like a bottle of champs while dancing in Capri, Italy on New Year's Eve.

The Capri Film Festival told TMZ, "It is purely and unadulteratedly untrue that that young girl misbehaved inappropriately in any event associated with Capri Hollywood. She was a consummate professional ... and couldn't have been more of a pleasure to have there. There were bottles of waters, there were bottles of non-alcoholic beverages, but I was on that dance floor with her, so I can only tell you what my eyes saw."

Well...it could be worse! She could've been sipping on Paris Hilton's canned wine. Right?

UPDATE: Lohan's lawyer issued this statement, "The good news was that Lindsay stopped herself that night, called her sponsor, and got herself immediately back on track. There is no magic cure here. The most unfortunate part of this is that Lindsay has to share her 'one day at a time' with the entire world." Uh...huh.....