2015 Winter Assign 1 - WINTER 2015 MGT 393 ASSIGNMENT#1...

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1 WINTER 2015 MGT 393 – ASSIGNMENT #1 – value 5%; DUE DATE – As assigned in class. Please Note: This assignment must be completed in groups of 2 and be no longer than 6 pages (typed, double- spaced; Times New Roman – Font 11; 1 ½ inch margins) in length. Note: The events described below took place over a period of time. Luigi Sarto was trained as a tailor in Italy and immigrated to Canada in 1980. Upon arriving in Canada, Luigi began to work for Harry Rosen Inc. (“HRI”), a high end men’s clothing retailer as a tailor. Luigi worked at the HRI Bloor Street store, primarily doing men’s suit alterations. In 2010. Luigi’s wife, Sofia, was killed in a car accident for which it was determined that she was “at fault”. As the car insurance was capped at $500,000 and the lawsuit against Sofia’s estate by the driver she hit was $1.6 million, all of Luigi’s and Sofia’s assets were depleted in this lawsuit. Unfortunately at the time of the accident, the house and savings were all in Sofia’s name. In 2011, post lawsuit, Luigi in effect was starting over with no assets. After the death of his wife – Luigi was quite depressed and this impacted his work performance. He was terminated from HRI. Luigi’s twin brother, Mario, who operated a highly successful restaurant in Italy, sold it for a lot of money and moved to Canada to help his brother.
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