Mega Bank manager Judson Dillon is on the verge of finalizing a $65 million equity investment in the world's biggest tomato greenhouse, Hydro Fruit, Inc., which he considers is an attractive investment opportunity. At the exact same time, he guesses that the business is an employer of illegal immigrants. Immigration is currently a trending topic in the United States in all aspects. Laws were enacted to ensure that employers did not hire illegal immigrants, yet many in the USA said that getting rid of all illegal immigrants was an impossible and, for the U.S. agricultural economy, destructive move.
On the surface, Hydro Fruit was in conformity with all minimum legal requirements, but that didn't mean that some illegals did not slip through the cracks, and the company's CFO had declared to Dillon one night that "Without illegals, our industry ceases dead." In Dillon's head, this comment bolstered his suspicion that Hydro Fruit was no distinct from many other employers in the agricultural sector, in addition to his belief that it just wouldn't be practical for Congress to interrupt such an important segment of the U.S. economy. Yet Mega Bank can barely invest in a company that it understood-or guessed of- acting.
PUBLICATION DATE: April 30, 2008 PRODUCT #: UV1166-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE