The novel carbapenem precursor 1e has been synthesized from L‐threonine, cyclopropyl methyl ketone and benzhydrylamine (for the introduction of the azetidinone N‐protecting group). Two independently prepared building blocks – sodium (2R,3R)‐2,3‐epoxybutyrate as a mixed salt with NaBr (2b) and N‐(benzhydryl)aminomethyl cyclopropyl ketone (4e) – were coupled to give (2R,3R)‐N‐(benzhydryl)‐N‐(2‐cyclopropyl‐2‐oxoethyl)‐2,3‐epoxybutyramide (8e). This key intermediate gave a regio‐ and stereoselective C3–C4 ring closure on LiHMDS treatment in THF at 0 °C to yield(1′R,3S,4S)‐4‐cyclopropylcarbonyl‐1‐diphenylmethyl‐3‐(1‐hydroxyethyl)azetidin‐2‐one (13e). N‐Deprotection of 13e was performed by photochemical bromination and subsequent hydrolysis. The resulting (1′R,3S,4S)‐4‐(cyclopropylcarbonyl)‐3‐(1‐hydroxyethyl)azetidin‐2‐one (23e) reacted in a Baeyer–Villiger oxidation with a total control of the regioselectivity (due to the poor migratory aptitude of the cyclopropyl group) to furnish (1′R,3S,4S)‐3‐(1‐hydroxyethyl)‐4‐(cyclopropylcarbonyloxy)azetidin‐2‐one (24e), subsequent O‐silylation achieving the total synthesis of 1e (title compound).(© Wiley‐VCH Verlag GmbH & Co. KGaA, 69451 Weinheim, Germany, 2006)