Heat the oil in a large saute pan over medium heat. Add the bread cubes and stir to coat. Cook for 5 minutes, stirring often, until the cubes are evenly browned. Add the tomatoes, garlic, shallots and sugar to the pan and continue to cook, stirring often, for 5 minutes. Season with salt and pepper, add the basil and remove from the heat.
Pour the tomato mixture into a nice deep baking dish, maybe even a pie dish. Sprinkle evenly with the Parmesan cheese and drizzle with 1/w tablespoon of olive oil. Bake for 35 to 40 minutes until the top is browned and the tomatoes are bubbly. Serve hot or warm.