Limp Bizkit

Fred Durst -- the once angry guy who created "Limp Bizkit" -- is actually a sucker for sentimentality 'cause he just can't part with his famous red baseball cap ... even though it reeks like a blood fart.*

Durst got all nostalgic on us as he was leaving Craig's in West Hollywood ... when we asked whatever happened to the iconic red Yankees cap he used to wear backward on his melon.

Fred told us he's still got the hat -- even though it stinks really bad.

But that's not the reason he'll NEVER wear it again.

*Fun fact -- Blood Fart was a band name Durst considered before settling on Limp Bizkit

The odds are stacked against Limp Bizkit member DJ Lethal in a brand new fender bender lawsuit -- because the woman he allegedly rear ended is represented by iconic personal injury superstar Larry H. Parker (he got one guy $2.1 million!).

The woman -- Suraj Kayastha -- filed docs in L.A. County Superior court Nov. 5th, claiming she was driving on the 101 last December when Lethal (real name Leor Dimant) smashed into her car.

According to docs, filed by LARRY H. PARKER (he'll fight for you!), the alleged victim suffered physical injuries, loss of wages, and damages to her car ... and she's suing for an undisclosed amount.

Which is bad news for Lethal ... because according to Larry H. Parker's legendary commercials that have been running in L.A. for more than 20 years, Parker wins 91% of his cases ... and has recovered more than $1 BILLION in collective settlements for his clients.

But Lethal's not scared, telling TMZ, "It was a fender bender. No one got hurt. Cops were on the scene and no one complained of injuries. I had no idea there was even a lawsuit."

Limp Bizkit is not dead ... in fact, it's very much alive ... this according to lead singer Fred Durst, who tells us his band will be dropping a brand new single "really soon actually."

Durst was leaving Mr. Chow in Bev Hills last night and told us the band is currently recording an album with Cash Money Records ... adding, "It's off the hook man."

The statement completely contradicts some recent reports, in which Durst was quoted as saying the band was "over."

James Madden has been charged with the murder of 48-year-old Emmanuel McPherson -- for allegedly smashing an alcohol bottle over his head and stomping him to death back in 2009.

According to the Brisbane Times, the fight allegedly broke out when McPherson tried to stop Madden from playing an L.B. album on their stereo. No word on which album incited the furor.

After Emmanuel was killed ... James allegedly wrapped his body in a sheet and dumped it in a nearby creek.

The band's manager tells TMZ they were forced to pull the plug on tonight's show after drummer John Otto was hospitalized in Oslo. According to the manger he was diagnosed with pneumonia and is undergoing tests to determine how serious it is.

Reps for Sentrum Scene, where Bizkit was supposed to play tonight, say tickets for the show will be refunded.

In August 2006, Limp Bizkit frontman Fred Durst was slapped with assault charges after allegedly hitting two people with his car -- and now one of his alleged victims is talking.

Robert Chadwick told CelebTV.com that he and a friend were leaving his mother's Hollywood Hills home when he felt their car get a bump from behind. "I turn around and there's a man getting out of a new BMW convertible. ... He was combative and nasty and insulting from the get-go. He was looking for a fight. He's a scary guy," said Chadwick of Durst.