The owner of Roscoe's House of Chicken and Waffles has filed for bankruptcy as the famous Californian soul food restaurant's parent company, East Coast Foods, Inc., says that it owes creditors between $10 million and $50 million with assets totaling less than $50,000, CNNMoney.com reported yesterday. 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. According to court documents, East Coast Foods owes $3.2 million to Daniel Beasley, a black employee who successfully sued the company for harassment and discrimination while he was employed at a Roscoe's restaurant. In September 2015, a jury ordered the company to pay Beasley $1.6 million in damages and another $1.6 million for attorneys' fees.
