Lewis acid-base pair chemistry has been placed on an ew level with the discovery that adduct formationb etween an electron donor (Lewis base) and acceptor (Lewis acid) can be inhibited by the introductiono fs teric demand, thus preserving the reactivityo fb oth Lewis centers, resulting in highly unusual chemistry.S ome of these highly versatile frustrated Lewis pairs (FLP) are capable of splitting avariety of small molecules, such as dihydrogen, in ah eterolytic and even catalytic manner.T his is in sharp contrastt oc lassical reactions where the inert substrate must be activated by am etal-basedc atalyst. Very recently,r esearch has emerged combining the two concepts,n amely the formationo fF LPs in whichametal compound represents the Lewis base, allowing for novel chemistry by using the heterolytic splitting power of both together with the redox reactivity of the metal. Such reactivity is not restricted to the metal center itself being aL ewis acid or base, also ancillary ligandsc an be used as part of the Lewis pair,s till with the benefit of the redox-active metal centern earby. This Minireview is designed to highlight the novel reactions arising from the combination of metal oxido transition-metal or rare-earthmetal compounds with the Lewis acid B(C 6 F 5 ) 3 .I tc overs a wide area of chemistry including small molecule activation, hydrogenation and hydrosilylation catalysis, and olefin metathesis, substantiating the broad influence of the novel concept. Futureg oals of this young and excitinga rea are briefly discussed.