Introduction. -Transition metal oxides encompass a lot of functional materials due to their varying chargespin-orbital states and the abundant electronic-magneticoptical properties to name a few [1][2][3][4][5][6][7][8]. For example, oxides with mixed 3d-4d-5d transition metals often display various and even unusual charge states [9-14] which arise from the much different chemical potentials of those transition metals. As a result, a special spin-orbital state associated with the unusual charge state could offer a remarkable property. In line with this expectation there appears a layered ferromagnetic (FM) insulator LaSrNiRuO 4 , which has an unusual low-valence Ni + /Ru 2+ state and a quite high Curie temperature of about 200 K [15].LaSrNiRuO 4 has a square planar NiO 2 -RuO 2 layer where the Ni and Ru atoms are checkerboard ordered, see fig. 1. This layered structure is due to a topochemical reduction and simultaneously a remarkably low valence Ni + -Ru 2+ state emerges [15]. Topochemical synthesis routes provide many opportunities to prepare novel extended oxide phases containing arrays of transition metal cations [15]. Here, layered LaSrNiRuO 4 is striking due to the ordered Ni-Ru arrangement in the infinite sheets, the unusual low-valence Ni + -Ru 2+ state, and the quite high