My version of 2012 LT does the same thing. I've got stranded New folder folders all over to prove it.
I've just resorted to making sure something is set up already before doing any Save As (Alt+5) ops.
LT 2012 Win 64-bit here too. I suspect it's a Win 7 issue because this didn't happen to me in XT.
ACAD doesn't highlight the New Folder here either, but Windows works as expected and highlights the New Folder name.
Win-64 pro, file extensions showing, all SP installed for AutoCAD and Windows.
Log into access your profile, ask and answer questions, share ideas and more. Haven't signed up yet? Register