“…Transition metal‐catalyzed cleavage of the carbon‐carbon bond,1 particularly the inert carbon‐carbon σ‐bond, is one of the most challenging tasks in organic chemistry. Until now, numerous unique and useful carbon‐carbon bond cleavage procedures have been developed using stoichiometric or catalytic amounts of transition metals, such as rhodium,2 ruthenium,3 gold,4 palladium,5 silver,6 nickel,7 copper8 or iron9 catalysts. Among these procedures, two general routes to the carbon‐carbon σ‐bond cleavage include (i) oxidative addition to the CC bonds with low‐valent metals through an insertion process,7,10 which often employs the strained ring as the reaction partner, and (ii) β‐carbon elimination of the carbon‐metal species (MCCC)3b,11 or heteroatom‐metal species (MYCC, Y=O, N) (Scheme ) 2i,5a–d,12…”