Stephen Selbst was quoted in the Wall Street Journal Law Blog on August 2 regarding whether the Chapter 11 filing of Bally may indicate a number of new filings. "For years, companies in trouble could tap into the debt markets pretty easily," said Mr. Selbst. He also commented on changes in the past two weeks, largely due to the sub-prime mortgage sector. "Doors are slamming shut," he said. "Things are lining up in that direction, but it hasn’t happened yet."