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Palladium(0) phosphine complexes are of great importance as catalysts in numerous bond formation reactions that involve oxidative addition of substrates. Highly active catalysts with labile ligands are of particular interest but can be challenging to isolate and structurally characterize. We investigate here the synthesis and chemical reactivity of Pd 0 complexes that contain geometrically adaptable diferrocenylmercury-bridged diphosphine chelate ligands (L) in combination with a labile dibenzylideneacetone (dba) ligand. The diastereomeric diphosphines 1a (p S p R , meso -isomer) and 1b (p S p S -isomer) differ in the orientation of the ferrocene moieties relative to the central Ph 2 PC 5 H 3 –Hg–C 5 H 3 PPh 2 bridging entity. The structurally distinct trigonal LPd 0 (dba) complexes 2a ( meso ) and 2b (p S p S ) are obtained upon treatment with Pd(dba) 2 . A competition reaction reveals that 1b reacts faster than 1a with Pd(dba) 2 . Unexpectedly, catalytic interconversion of 1a ( meso ) into 1b ( rac ) is observed at room temperature in the presence of only catalytic amounts of Pd(dba) 2 . Both Pd 0 complexes, 2a and 2b , readily undergo oxidative addition into the C–Cl bond of CH 2 Cl 2 at moderate temperatures with formation of the square-planar trans -chelate complexes LPd II Cl(CH 2 Cl) ( 3a , 3b ). Kinetic studies reveal a significantly higher reaction rate for the meso -isomer 2a in comparison to (p S p S )- 2b .