Following the methods used by Derksen-Weyman in \cite{DW11} and Chindris in \cite{Chi08}, we use quiver theory to represent the generalized Littlewood-Richardson coefficients for the branching rule for the diagonal embedding of $\gl(n)$ as the dimension of a weight space of semi-invariants. Using this, we prove their saturation and investigate when they are nonzero. We also show that for certain partitions the associated stretched polynomials satisfy the same conjectures as single Littlewood-Richardson coefficients. We then provide a polytopal description of this multiplicity and show that its positivity may be computed in strongly polynomial time. Finally, we remark that similar results hold for certain other generalized Littlewood-Richardson coefficients.