Lindsay Lohan arrives at the Mr. Pink Ginseng Drink launch...

Lindsay Lohan arrives at the Mr. Pink Ginseng Drink launch party in Beverly Hills, Calif. (Oct. 11, 2012) Credit: Getty Images

Michael Lohan, father of actress Lindsay Lohan, said Monday that he plans to seek a conservatorship for her, citing what he characterized as her continued substance abuse.

"It's the only way," Michael Lohan told Newsday of the proposed legal maneuver, in which a court-appointed conservator controls the finances and oversees other aspects of someone's life for that person's protection. Singer Britney Spears' father, Jamie, famously sought and won a conservatorship for his then-troubled daughter.

"I would not be the conservator," Michael Lohan said. "I don't want even the appearance of a conflict of interest, and [Lindsay's mother] Dina definitely should not be the conservator. But I will work with the conservator to make sure she [Lindsay] gets into rehab. I'm not going to back away," he said.

The conservatorship proposal follows a failed attempt at an intervention Friday at Lindsay Lohan's Los Angeles home. Michael Lohan showed emails between himself and his daughter's manager, Evan Hainey, and her attorneys, Dave Feldman and Shawn Holley, discussing intervention. One Holley email states, "Let's do it."

Lindsay Lohan's representative, Steve Honig, Monday denied that the actress' professional team approved the intervention attempt, telling Newsday in a statement, "It's apparent Michael continues to be very focused on getting publicity for himself. Lindsay's team is in no way aligned with him or his actions."

TMZ said Monday that Lindsay Lohan would be seeking an order of protection against her father. A representative for Dina Lohan declined to comment.

Meanwhile, Manhattan prosecutors Monday declined to pursue an alleged hit-and-run involving Lindsay Lohan last month, saying surveillance video did not provide sufficient evidence.

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