By Amy McCarthy
By Scott Reitz
By Scott Reitz
By Lauren Drewes Daniels
By Alice Laussade
By City of Ate
And that's what the former chef and partner of the popular restaurant Sipango said he planned to do: close his restaurant to slough off more than $650,000 in debt and reopen with new partners under a new name. It would be easy. Everyone, including banks and investors, he claimed, wanted to work with him. The landlord was eager to negotiate a new lease because he wanted someone of Antonovich's culinary caliber to prime the location. Besides, Plano deserved to have a fine restaurant in its own back yard.
That landlord sees things a bit differently. "There's not a chance," says Benton Rutledge of Benton Rutledge Properties when asked if he would consider negotiating a lease with Antonovich. "I'm going to be surprised if Matt can do anything in this area again, because he's burned so many people."
Antonovich left a bad taste on his landlord's palate. On June 27, the night before the restaurant was to close, Rutledge had Antonovich escorted from the premises and then changed all of the locks for non-payment of rent and taxes. Rutledge claims it was the first time in his 30-plus years as a property owner that he has had to lock out a tenant.
But there was more than just skipped rent that culminated in Rutledge's drastic move. Much more. Sources say that when Antonovich ran short of cash, he threatened to close down, file for bankruptcy, and reopen under a new name unless Legacy Bank gave him a loan. "He was threatening to remove equipment and pull his stuff out to reopen," says Richard Galvan, the owner of the restaurant Antonovich bought and converted to his own venue. So the bank filed an injunction to keep Antonovich from removing assets.
"When the landlord came in on Friday night at midnight, I had a guy that just sold a car dealership for a hundred million bucks," Antonovich bristles. "When the landlord asked me for the key, he embarrassed me in front of this investor." Antonovich, who was reached somewhere near Jacksonville, Florida, says he is traipsing across the country looking to get a job at a bed and breakfast. He declined to name the last-minute backer. "The investor wanted too much equity anyway," he says, dismissing the question.
It seems the lauded chef had little, if any, intention of hanging around Dallas to take another shot at a spot bearing his name. While struggling to operate his restaurant, Antonovich put his Plano house on the market. It sits there today, stripped of contents with a "for sale" sign plugged in the front lawn. He skipped town just after the lockout. "I left town for a week to get out of the heat," Antonovich says. He claims he took off for Tuscany with his mother and some Antonovich's employees.
But other sources believe he's most likely been in Kentucky or Florida the whole time, places where he has family and business contacts. "I don't think anyone knows where he is," Rutledge says. "There's too many people looking for him."
The list of people who would like to sit down and chat with Antonovich is large and growing. Former employees as well as sources familiar with the purchase deal say Antonovich stiffed just about everybody in his short run. Employees weren't paid. Credit-card tips weren't disbursed to servers. Vendors cut him off after gathering a fistful of past-due bills. Contractors that finished out the restaurant were left empty-handed.
"He's got a bunch of people pissed off in this town," says Scott Brubaker of North Dallas Custom Woodworking. "In the end, he just shelled on everybody. Nobody got paid." Brubaker holds up a check written to him from Antonovich for $17,431 for work he did on the restaurant, including construction of a $7,000 wine cabinet. The check bounced. Brubaker says he has since had to cash out a certificate of deposit set aside for his kids' college to cover material and labor costs. He is now in the process of pressing charges against Antonovich with the Collin County District Attorney's Office.
Antonovich is remorseless. He claims Brubaker was well aware of his financial predicament when he cut him that check. "I'm offended that Scott would even cash that check," he snaps. "He knew and I knew that there was no money to cover that account. He just wanted that check written so that his wife would get satisfied that we were going to pay him. I didn't pull any wool over Scott's eyes."
Many people did feel the wool from Antonovich, however. Longtime Dallas restaurateur Richard Galvan says many people advised him not to transfer his 3-year-old Ricardo's Ristorante Mexicano, the spot that became Antonovich's, with no money down. But he did it anyway. "I really believed in him," he says. "We felt he had the kitchen and restaurant knowledge. All he had to do to stay in business there was make rent payments."