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THE Court of Appeal has ruled in favour of Woolworths in its $14 million legal battle with a landowner over its failure to build a Masters hardware store in Strathdale.
Woolworths successfully appealed a Supreme Court judgement that it pay $10 million in damages and $4 million interest to North East Solution Pty Ltd.
The Court of Appeal set aside that ruling, and concluded there was not enough evidence to prove Woolworths failed to negotiate in good faith.
The store was to be built on the McIvor Highway in Strathdale in 2010 on land owned by North East Solution.
Woolworths ditched the deal with the company to chase a lease on another site in Bendigo being pursued by hardware rival Bunnings.