The acronym / name cropped up recently in connection with the resignation of Liam Fox, UK Minister for Defence and a charity here in the UK.
Random link to the subject here :
Atlantic Bridge collapse is a major blow to Neo-conservatives.
The Charity Commission's decision that the Atlantic Bridge's UK charity must 'cease its current activities immediately' and break away from US non-profit the Atlantic Bridge Inc, is a major setback to those who would import US-style conservatism to the UK.
Officially founded by defence secretary Liam Fox and boasting three more cabinet minsters on its advisory board (William Hague, George Osborne and Michael Gove), the Atlantic Bridge was managed as an outpost of the the American Legislative Exchange Council. ALEC was exposed in 1998 when the US tobacco industry was forced to release thousands of internal documents as part of a multi-billion dollar settlement of dozens of lawsuits. These documents show that the tobacco industry used ALEC to lobby US legislators.
ALEC continues to be funded by the tobacco industry, but today is also supported by elements of the oil industry keen to promote climate change denial and of the pharmaceutical industry keen to block US health reforms. US members of the Atlantic Bridge led last summer's high profile attacks on the NHS.
In a bizarre ruling, the Charity Commission has decided that the objectives of the Atlantic Bridge, as described in its governing documents, are charitable but that none of its activities have furthered those objectives. That is to say it is a charity on paper only and all its current work must stop. The charity now has a year to break away from its US arm and create a new programme of entirely different activities. This means no more oxymoronic Margaret Thatcher Medals of Freedom and no more dinners in LA with Fox News personalities.
http://www.chineseforlabour.org/left-links/labour-list/233-Atlantic%20Bridge%20collapse%20is%20a%20major%20blow%20to%20Neo-conservativesand more here :
http://liberalconspiracy.org/2011/10/11/revealed-liam-fox-and-werritys-links-to-the-tea-party/