The Mean Girls actress was tipped to star in the biopic of mobster John Gotti Jr as his sister Victoria last April.
However, deals for Lohan to officially join the cast broke down towards the end of the year, and she has now started filming Elizabeth Taylor project Liz & Dick.
Producer Marc Fiore has now stated that Lohan is still wanted for the film to play John Gotti Jr.'s wife Kim, a casting that has yet to be finalised.
"We don't have an agreement with Lindsay," he told X17. "That is correct. Lindsay does not have a contract.
"But right now, we're not in the phase of doing casting. I still have every intention of speaking to Lindsay about the role of Kim Gotti. There's no truth to Lindsay being out of the film."
Ben Foster will lead the cast of Gotti: In the Shadow of My Father, with John Travolta, Al Pacino and Kelly Preston also among the cast.
When asked whether Travolta's recent personal life allegations hitting the news would affect his casting, he said: "Of course John is still playing John Gotti. The media doesn't scare me."