On 13 October an appeal was heard, presided over by Lady Justice Arden and reviewed by Lord Justices Underhill and Briggs, focused on four cases each brought by Credit Suisse Asset Management, the investment manager of a fund which holds the Class X notes in four securitisation structures -Titan Europe 2006-1 (“Titan 2006-1”), Titan Europe 2006-2, Cornerstone Titan 2007-1 and Titan Europe 2007-2.