The famous fried chicken joint Roscoe’s Chicken and Waffles’ parent company filed for Chapter 11 bankruptcy protection Tuesday. While the fate of the restaurant is up in the air, rapper Snoop Dogg says that he’ll swoop in and save the company.For 40 years, Los Angeles-based restaurant chain Roscoe’s House of Chicken and Waffles has been a brand synonymous with soul food. The bankruptcy is buying enough time to restructure debts that it owes. It is unclear how the bankruptcy will affect the day-to-day operation of the restaurants.Roscoe’s House of Chicken and Waffles has an Orange County restaurant at 2110 S. Harbor Blvd. in Anaheim. Alex Schrieber, of Anaheim, ordered the The Southern California institution operates six restaurants in Los Angeles County and one in Anaheim. A Chapter 11 filing helps the company buy.Please share this video on Facebook, Twitter, Google+ or Reddit. Here is the SCORECARD: APPEARANCE (5pts possible) 2pts They looked over cooked. Dark and.Lawyers who put East Coast Foods Inc., Roscoe’s House of Chicken and Waffles’ parent, into bankruptcy on Friday didn’t explain how the case would affect its seven restaurants in the Los Angeles area. The bankruptcy filing comes after a judge ordered the restaurant chain’s owner to pay about.Roscoe’s Chicken and Waffles is an iconic brand in Southern California and because of popular culture, a well known brand around the world. After spending years on investment and goodwill, even a profitable icon like Roscoe’s can be forced into bankruptcy by the current laws favoring employees.Now, Roscoe’s House of Chicken n Waffles is going under too. The parent company is filing bankruptcy and hoping to pay off some debt. Do not pass go do not sell any more waffles, well sell them so y’all can pay the light bill. The parent company said they are millions in debt and only have.The parent company of several Roscoe’s House of Chicken and Waffles restaurants emerged from bankruptcy this week. East Coast Foods Inc. filed for Chapter 11 bankruptcy protection in March 2016. East Coast Foods estimated that it had debts between $10 million and $50 million with assets.

The parent company of Roscoe’s House of Chicken and Waffles filed for Chapter 11 bankruptcy protection.The parent company of Roscoe’s House of Chicken and Waffles, hit with a $1.6 million judgment in a racial discrimination case, has filed for bankruptcy protection. East Coast Foods said Tuesday the company does not plan to close any locations, including the seven Roscoe’s in Los Angeles.(KTLA) – The parent company for Roscoe’s Chicken ‘N Waffles has filed for Chapter 11 bankruptcy protection, the Wall Street Journal reported. There are currently seven Roscoe’s Chicken ‘N Waffles locations six in Los Angeles County and one in Orange County.Officially it’s Roscoe’s parent company East Coast Foods Inc. that’s filing for Chapter 11 bankruptcy, according to the Wall Street Journal. The company has incurred a more than manageable amount of debt and requires restructuring. The Chapter 11 filing gives the restaurant time to do just that.While Snoop in disbelief replied “Bankruptcy, Roscoe’s went, no they didn’t?” He then went on to say, “I guess Ima have to buy it, man and make East Coast Foods Inc., the parent company of Roscoe’s House of Chicken and Waffles filed for Chapter 11 yesterday according to reports from NBC News.The parent company of Roscoe’s House of Chicken ‘N Waffles, a south Los Angeles-based soul food restaurant chain founded in 1975, has filed for Chapter 11 bankruptcy The judge ordered Roscoe’s to pay $3.24 million, or roughly $1.6 million from a jury verdict and $1.5 million in attorney’s fees..Street Journal, East Coast Foods, Inc., Roscoe’s Chicken and Waffles’ parent company, filed for Chapter 11 bankruptcy, where liabilities are listed American, sued Roscoe’s in 2013 after claiming he was discriminated against by Latino management, co-workers receiving better work schedules and.The famous restaurant chain, Roscoe’s Chicken and Waffles is undergoing Chapter 11 restructuring due to financial troubles. For 40 years, Los Angeles-based restaurant chain Roscoe’s Chicken and Waffles has been a brand synonymous with soul food.

The company that owns the iconic Roscoe’s House of Chicken and Waffles has filed for bankruptcy, citing a multimillion debt to a former employee as one of its largest debts. East Coast Foods Inc. filed for Chapter 11 this week, and claimed it owed more than $3 million to Daniel Beasley.The owner of Roscoe’s House of Chicken and Waffles has filed for bankruptcy. The famous Californian soul food restaurant’s parent Roscoe’s, which has five locations in the Los Angeles area, has drawn big names including President Barack Obama, Snoop Dogg, David Beckham and Larry King.HipHopWired Featured Video. CLOSE. The beloved L.A. restaurant chain visited by Kendrick Lamar, Kobe Bryant, Larry King, and President Obama, is facing financial trouble. Roscoe’s Chicken ‘N Waffles declared bankruptcy, claiming millions in debt.Roscoe’s has more than half a dozen locations across the region, but owes money to vendors and other companies that it’s become unable to pay while still operating normally. For now, it’s business as usual at your local Roscoe’s Chicken ‘N Waffles, but in the future, if this bankruptcy stuff doesn’t.Everyone knows Roscoe’s House of Chicken ‘n Waffles is the legendary spot for southern comfort food in So Cal., but that could change now that East Coast Foods Inc., the parent company of the popular soul-food eatery, has filed for Chapter 11 bankruptcy protection.The parent company of Roscoe’s House of Chicken and Waffles has filed for Chapter 11 bankruptcy protection, reports the Wall Street Journal. Roscoe’s, an iconic spot in its hometown of Los Angeles, has been a hot spot for notable diners including President Obama, Larry King and Snoop Dogg.Los Angeles -Roscoe’s House of Chicken and Waffles restaurants have untangled themselves out of bankruptcy. A Los Angeles judge confirmed a modified confirmation plan to repay creditors on Thursday. The brand filed for Chapter 11 bankruptcy protection in March 2016.

The Roscoe’s Chicken ‘N Waffles located in West Los Angeles is seen in this file photo. (Credit: KTLA). The company owes about $1.6 million Companies often file for Chapter 11 bankruptcy in order to restructure their debts. The chicken and waffle house has long been a popular place to eat.The Home of Chicken And Waffles in Southern California Since 1975.Snoop Dogg and President Obama’s favorite wing and waffle stop, Roscoe’s House of Chicken N Waffles, might be shutting its doors because its parent company just filed for Chapter 11. East Coast Foods Inc., whose president Herb Hudson founded Roscoe’s, filed the bankruptcy docs last Friday.Officially it’s Roscoe’s parent company East Coast Foods Inc. that’s filing for Chapter 11 bankruptcy, according to the Wall Street Journal. The company has incurred a more than manageable amount of debt and requires restructuring. The Chapter 11 filing gives the restaurant time to do just that.