
In a large bowl, season the chicken thighs with salt and pepper. Dredge them lightly in flour, shaking off any excess.
In a large Dutch oven or heavy-bottomed pot, heat the olive oil and butter over medium-high heat. Add the bacon and cook until crisp. Remove the bacon and set aside, leaving the rendered fat in the pot.
Add the chicken thighs to the pot, skin-side down, and cook until browned on all sides. Remove the chicken and set aside.
Add the sliced onions and mushrooms to the pot and cook until softened, about 5-7 minutes. Stir in the garlic and tomato paste and cook for another minute.
Pour in the red wine and chicken broth, scraping up any browned bits from the bottom of the pot. Bring to a simmer.
Return the chicken and bacon to the pot. Add the thyme and bay leaf. Cover and simmer over low heat for 45 minutes to 1 hour, or until the chicken is tender.
Remove the chicken from the pot and set aside. In a small bowl, whisk together the cornstarch and 2 tablespoons of cold water to form a slurry. Stir the slurry into the simmering sauce and cook until thickened, about 2-3 minutes.
Return the chicken to the pot and heat through. Garnish with fresh parsley before serving.
It was alright. A little too much wine, maybe. I'd like to try it again but add more stock next time and see if it balances out a bit more.
Great comfort food! The sauce was amazing with crusty bread. I added a touch of thyme, which worked really well.