In a large skillet, heat the oil and butter over medium heat. Season the shrimp with salt and pepper and add to the skillet. Add chicken broth, garlic, and bay leaf. Cover and cook for 5 minutes, stirring in between.
In the meantime, toast the sliced baguette in a toaster or over the stove. (I toasted mine over the stove on a grilling pan).
When the shrimp are done cooking, add wine and sherry and cook until alcohol has evaporated, about 1-2 minutes. Sprinkle with parsley and serve with toasted baguette.