College bookstore operator Barnes & Noble Education announced the sudden resignation of its longtime Chief Legal Officer Michael Miller, effective immediately. The company has not provided any explanation for his departure. Miller played a crucial role in securing an equity and refinancing deal in June that infused $80 million in new cash and provided access to a $325 million credit facility, significantly aiding the company’s liquidity issues.
Further details on Miller’s departure can be found in the official SEC filing regarding his resignation.
For a more detailed account, please see the article on Law.com.