Dedicated to Professor Volker Schurig on the occasion of his 70th birthdayThe transition-metal-catalyzed cyclopropanation of olefins with diazoesters occupies a prominent position in the field of asymmetric catalysis. This stems not only from being the reaction in which asymmetric catalysis by transition metals was first demonstrated, but also because of its prevalence in natural-product-based and synthetic drugs.[1] Once this principle was demonstrated, highly selective catalysts were developed, mainly based on Cu I and Rh II associated with appropriate chiral nonracemic ligands.[2] The intermediacy of metallocarbenes in transition-metal-catalyzed decomposition of diazo precursors is firmly established. [1, 2] In the case of the paddle-wheel dirhodium(II) catalysts based on amino acid derived ligands, enantioselectivity arises from the concerted control of the carbene-transfer step (metal to olefin) offered by the chiral ligand set flanking an axial coordination site of the dirhodium complex. A recent report discussed the role of the chiral crown cavity of the well-known Hashimoto catalyst [Rh 2 {(S)-pttl}4] (pttl = N-phthaloyl-(S)-tert-leucinate) formed by the four N-phthaloyl units in this regard, Scheme 1.[3a]Initially, diazoacetate esters were the preferred reagents although phenyl-and vinyl-substituted diazoacetates were found to be equally suitable carbene precursors when appropriately modified catalysts were used.[4] Even though diazo-A C H T U N G T R E N N U N G acetates are not explosive, the same cannot be said for all diazo compounds and, in addition to their toxic and carcinogenic properties, [5] alternative carbene precursors have an advantage when striving for very general routes to a broad range of cyclopropane syntheses such that industrial utilization is not problematic owing to serious safety risks.[6] We have, therefore, investigated the possibility of in situ generation of such intermediates. Herein we report the synthesis of a set of dirhodium(II) carboxylate catalysts containing naphthoyl skeletons that contain the protected amino acids (S)-N-naphthoyl-tert-leucine, (S)-N-naphthoyl-phenyl alanine and their 3-or 4-substituted naphthoyl derivatives. These catalysts were used for the one-pot cyclopropanation of olefins with CH acidic reagents through intermediate phenyl-A C H T U N G T R E N N U N G iodonium ylides to afford cyclopropane derivatives in up to 98 % ee. We also report the first X-ray structure of a Nnaphthaloyl-based catalyst, [Rh 2 {(S)-nttl} 4 ] (nttl = N-naphthoyl-tert-leucine) as a di(ethyl acetate) adduct, which has