Roscoe`s Chicken `N Waffles files for bankruptcy

3/29/2016
Roscoe's Chicken 'N Waffles files for bankruptcy ­ AOL
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Roscoe's Chicken 'N Waffles files for
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Mar 29th 2016 2:01PM
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(KTLA) - The parent company for Roscoe's Chicken 'N Waffles has filed for
Chapter 11 bankruptcy protection, the Wall Street Journal reported.
The company owes about $1.6 million from a jury verdict and $1.5 million in
attorneys' fees to a former employee who sued for discrimination and wrongfultermination in 2013, according to the newspaper.
The bankruptcy filing doesn't necessarily mean the restaurants will be closing
however.
http://www.aol.com/article/2016/03/29/roscoe­s­chicken­n­waffles­files­for­bankruptcy/21335144/?icid=maing­grid7%7Cmain5­finance%7Cdl12%7Csec1_lnk3…
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3/29/2016
Roscoe's Chicken 'N Waffles files for bankruptcy ­ AOL
Companies often file for Chapter 11 bankruptcy in order to restructure their debts.
There are currently seven Roscoe's Chicken 'N Waffles locations; six in Los
Angeles County and one in Orange County.
The original Roscoe's opened in 1975 in Long Beach.
Related: See President Obama's visit to a Roscoe's in 2011:
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TAGS
bankruptcy
Chapter 11, Title 11, United States Code
Chicken and Waffles
Roscoes Chicken N Waffles
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