Lipases are readily available and extremely versatile enzymes. Besides
their natural reaction - hydrolysis of lipids - lipases catalyze a la
rge number of other reactions involving a plethora of acyl accepters s
uch as alcohols, amines, ammonia and hydrogen peroxide. They are also
able to accommodate a variety of different structures in the acyl dono
r. With chiral substrates many of these reactions proceed with a high
degree of enantioselectivity. The scope of these lipase-catalyzed tran
sformations with different acyl accepters is the subject of this revie
w.