Lawrence Buterman is a partner in the New York and Washington, D.C. offices of Latham & Watkins, and a member of the firm’s Antitrust & Competition Practice. Mr. Buterman is a nationally recognized antitrust trial litigator, with significant lead trial counsel experience.
As lead trial counsel, Mr. Buterman has achieved victories in some of the most high-profile antitrust conspiracy cases and merger challenges in recent years, and over the course of his career has successfully tried cases to verdict in federal and state courts throughout the country. Mr. Buterman represents companies in connection with all types of antitrust litigation, including class actions, strategic business-to-business litigation, civil and criminal price-fixing accusations, monopolization claims, and merger challenges. In addition to his trial work, Mr. Buterman regularly represents clients appearing before the Antitrust Division of the Department of Justice (DOJ) and state attorneys general in both civil and criminal investigations, and also advises multinational companies and business consortia on compliance matters.
Mr. Buterman has experience handling antitrust matters in a wide range of industries, including:
- High technology
- Financial services
- Industrial manufacturing
- Consumer products
Prior to joining Latham, Mr. Buterman spent several years in the DOJ, as a senior trial attorney in the Networks and Technology Enforcement Section of the Antitrust Division. In that capacity, Mr. Buterman was responsible for analyzing dozens of merger and conduct matters in the high technology and financial services industries, and litigating several merger and conduct matters on behalf of the United States. He led the DOJ to victories at trial in notable cases including its challenge to an e-books pricing conspiracy and its suit to block an electronic tax preparation merger, and also was a key participant in the DOJ's successful efforts to block a major telecommunications merger.
During his time at the DOJ, Mr. Buterman worked closely with the leadership and section management of the Antitrust Division, developing a deep understanding of the government’s priorities and practices related to antitrust enforcement. For his trial victories on behalf of the US, Mr. Buterman was twice awarded the Antitrust Division’s Award of Distinction, and also was recognized by the New York Law Journal as a Rising Star.
Following his graduation from law school, Mr. Buterman served as a law clerk to Judge Joel M. Flaum, then chief Judge of the United States Court of Appeals for the Seventh Circuit.
Mr. Buterman’s experience includes representing:
- An international financial institution in antitrust class actions alleging group boycotts and conspiracies to fix prices of financial derivative instruments
- A major United States sports federation in its successful defense against a preliminary injunction challenge to its rulemaking authority brought by one of its member leagues
- An international biotechnology corporation in its successful defense against antitrust litigation brought by a Russian competitor alleging monopolization and price-fixing
- A global insurance company in connection with government investigations into potential information exchanges and price-fixing agreements
- An international manufacturing company at trial in connection with antitrust litigation alleging that an acquisition of the company had substantially lessened competition
- A leading pharmaceutical company in connection with state and federal antitrust investigations into potential price-fixing agreements
- An international financial institution in government investigations and related antitrust class actions centering on allegations of a conspiracy to fix prices of government-sponsored financial products
- A foreign auto parts manufacturer in antitrust class actions and related governmental investigations centering on allegations of a global price-fixing conspiracies
- A major United States energy company in antitrust litigation brought by a developer alleging a conspiracy to prevent development of a power plant
- A global entertainment company in an antitrust class action lawsuit alleging false advertising and deceptive trade practices stemming from internet sales of concert tickets
- A global glass manufacturer in antitrust class actions alleging participation in a conspiracy to fix prices of flat glass*
- An international wheat company in a class action alleging price-fixing and RICO claims arising out of the company’s participation in the Oil-for-Food Program*
- The United States at trial in a successful challenge of an alleged conspiracy against the publisher of e-books*
- The United States at trial in its successful challenge to H&R Block’s acquisition of a key electronic tax preparation competitor*
- The United States in its successful efforts to block AT&T’s acquisition of T-Mobile*
- A multinational technology corporation in a lawsuit arising out of the company’s implementation of a standard essential patent in its products*
*Matter handled prior to joining Latham