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Some of the repossessed properties are landmarks. Bally has effectively agreed to hand over the keys to its Las Vegas and Reno resorts to a group of creditors. The Westin Canal Place in New Orleans was repossessed by Travelers. The Four Seasons hotel in Austin has been foreclosed by Manufacturers Hanover. The Los Angeles Airport Hilton is in the hands of Security Pacific National Bank. "It is unprecedented what has been going on with hotel foreclosures," says David Renton, who heads a hotel investment firm in Stamford, Conn. "This is the worst crisis for the industry since the Great Depression...

Author: /time Magazine | Title: The Banks Are in Hotel Hell | 5/27/1991 | See Source »

Peter Arnett will speak on June 5 at 2 p.m. in the Ames Courtroom of Austin Hall, and the speech will be open to all students...

Author: By Nader A. Mousavizadeh, | Title: Arnett to Speak At Law School Commencement | 5/17/1991 | See Source »

...designed by Graham Gund Associates, a well-known Boston firm. Goody Clancy and Associates Inc.--which has designed other Harvard projects in the past, such as the Center for European Studies and the Law School's Austin Hall--planned the DeWolfe St. project. Werner Otto Hall is the product of the award-winning New York firm Gwathmey Siegel and Associates, which designed the recent addition to the Guggenheim Museum in Manhattan...

Author: By Michael E. Balagur, | Title: Masterpieces or Misfits | 5/8/1991 | See Source »

...hacker dragnets generated the most heat. Ten months after the Secret Service shut down the bulletin boards, the government still has not produced any indictments. And several similar cases that have come before courts have been badly flawed. One Austin-based game publisher whose bulletin-board system was seized last March is expected soon to sue the government for violating his civil liberties...

Author: /time Magazine | Title: Cyberpunks and The Constitution | 4/8/1991 | See Source »

...during this critical period in the planet's history, just as life was beginning to emerge from the sea. It may help explain the birth of the Pacific Ocean, and even point the way to valuable mineral deposits. Said co-author Ian Dalziel, from the University of Texas at Austin: "The theory gives us a new road map for the past 570 million years...

Author: /time Magazine | Title: The Antarctic Connection | 4/8/1991 | See Source »

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