The case involving Chicago's Puerto Ric Chicago
The case involving Chicago's Puerto Rican parade reached a deal.
The attorney general office of Illinois has settled a bankruptcy case that involved a group that organized an annual Puerto Rican Parade Committee. Around $30,000 from the sale of its home building will go to the Daniel Ramos Puerto Rican Festival Committee. The committee has been appointed as in charge of organizing the popular parade and summer festival in the city's Humboldt Park neighborhood. Carmen Martinez, the partner of the Puerto Rican Parade Committee's former president, Angel Medina, was involved in numerous financial dealings with the committee, according to Attorney General Kwame Raoul. Martinez has been banned from acting as a charitable fiduciary in the state and from serving as a trustee or board member for another nonprofit organization.