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Vesicles have been prepared from a cyclic phosphate ester (5,5-di-n-dodecyl
-2-hydroxy-1,3,2-dioxaphosphorinan-2-one) with copper(ll) counterions (Cu(d
DP)(2)). They form a highly efficient aqueous Lewis acid catalyst system. T
he reaction of two azachalcon derivatives (la, Ib) with cyclopentadiene (2)
was studied to elucidate the catalytic potential of this system.