Partners in Claim: Litigation Funding as Quasi-Partnerships

Yifat Naftali Ben Zion of Tel Aviv University and Omer Pelled of Bar-Ilan University propose treating third-party litigation funding arrangements as quasi-partnerships, with funders acting as capital-providing limited partners barred from controlling litigation, claimants retaining decision-making authority subject to fiduciary duties, and counsel owing duties to both the client and the broader funding relationship.