Parties! The style, stars and scoop from Hollywood's hottest events

As the host of the New Year's bash at VIP-only club Privé, Lindsay Lohan took fashionably late to a new level. Arriving just a few minutes before midnight, Lohan slipped into the DJ booth, put on some headphones and kicked off the final countdown to 2006. She also spun records for the crowd, danced to songs from her own album and welcomed guests like Nicole Richie to the party. This year, James Franco is scheduled to take over hosting duties at the ultra-modern nightspot.