The manganese(III)-catalyzed aerobic oxidation of 1,2-disubstituted pyrazolidine-3,5-diones 1 in the presence of alkenes 2 gave the corresponding pyrazolidinediones 3 which were doubly hydroperoxyalkylated at the 4-position in high yields. On the other hand, pyrazolidinediones 1 were oxidized with manganese(III) acetate in the presence of alkenes 2 at elevated temperature to produce the 4,4-bis(alkenyl)pyrazolidinediones 4 in good yields instead of the pyrazolidine-fused dihydrofuran analogue IV. A similar cerium(IV)-mediated oxidation of pyrazolidinedione 1a with an alkene 2a afforded the doubly 4-methoxyethylated derivative 5. The stability of the free hydroperoxyl group and the reaction pathway for the aerobic and the metal-mediated oxidation reactions were also discussed.