Lohans Goin their seperate ways

Lyndsay's Dad is awarded amicable divorce settlement even though he looks like a Comic Book crime lord.

Lindsay Lohan's estranged parents settled their long-simmering divorce and custody dispute Friday, winning praise from the judge who presided over their case.

A divorce deal between Michael (above) and Dina Lohan collapsed while Michael was in prison for drunken driving.

1 of 2 "You have both demonstrated to me extraordinarily good judgment in resolving this matter as you did," state Supreme Court Justice Robert A. Ross told Michael and Dina Lohan.

Terms of the divorce agreement, which will become official within 60 days, weren't disclosed. Dina Lohan has custody of the couple's two minor children, Aliana, 13, and Dakota, 10.

Outside the courthouse, Michael Lohan said he was looking forward to seeing the children again, though he's not exactly sure how he's goning to cash in on them.