A rearrangement reaction of phenyl esters to form different esters.
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1-(4-hydroxy-2-methylphenyl)butane-1-one
(4-Methoxy-phenyl)-acetic acid o-tolyl ester
4,4-Dimethyl-5-oxo-2-phenethyl-tetrahydro-furan-3-carboxylic acid ethyl ester