RELATED PARTY DISCLOSURE

3 Months Ended

Mar. 31, 2013

RELATED PARTY DISCLOSURE [Abstract]

RELATED PARTY DISCLOSURE

9.  RELATED PARTY DISCLOSURE

ALC engaged Bennett Jones LLP, a Canadian law firm, to provide advisory services commencing in August 2012.  Alan Bell, a member of the Board of Directors of ALC, is a partner in this law firm. Prior to such engagement of Bennett Jones, Mr. Bell was elected Co-Vice Chairman of the Board of Directors and stepped down as a member of both the Audit Committee and the Compensation/Nominating/Governance Committee.  In 2012, ALC incurred fees of $804,000 to Bennett Jones under the terms of this engagement which was paid in January 2013.  In the three months ended March 31, 2013, ALC incurred fees of $351,000 to Bennett Jones under the terms of this engagement.  The entire amount of $351,000 was payable to Bennett Jones at March 31, 2013. ALC had no such fees in the three months ended March 31, 2012.