A slick-haired Hayden Panettiere entered the Allure Magazine Cover Party in Hollywood exuding much confidence (and cleavage).

The young star of NBC’s Heroes seemed to almost be in direct competition with fellow party attendee, Victoria Beckham, for best fleshy flashy of the night.

Sadly to say, I think the former Spice Girl won this round, though Panettiere wasn’t fazed either way. The girl looked to be enjoying an evening out on the town sans her 30-something arm candy (Heroes co-star Milo Ventimiglia).

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Hayden Panettiere’s father, Alan, has been released from custody on $50,000 bail.

The 49-year-old was arrested on Monday morning on suspicion of battery, after allegedly “striking” wife Lesley at their daughter’s charity dinner on Sunday evening.

According to the Los Angeles County sheriff’s department, Panettiere was arrested at around 3:15 a.m. Monday morning at his West Hollywood home, and spent around 10 hours in lock-up before the bail came through.

Panettiere was charged with felony domestic violence, after a verbal fight with wife Lesley, 52, turned physical.

The pair were seen arguing at daughter Hayden’s Whaleman Foundation Benefit Dinner by several on-lookers. Shortly after their fight, Alan is said to have struck his wife “one or two times on the cheek,” causing visible bruising.

One party observer said: “When they were both about to leave, they had a heated argument outside the restaurant. They were doing a good amount of yelling.”

At this stage, investigators believe that alcohol was involved in the incident.

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Hollywood starlet Hayden Panettiere turned host for the Whaleman Foundation Benefit Dinner at Eva Longoria’s Beso restaurant on Sunday evening.

Pity the night will be most memorable for Panettiere’s parents’ now-infamous domestic violence incident, and not for the actual charitable event.

More of Panettiere walking the red carpet at her benefit after the jump.

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Heroes star Hayden “Pantyhair” Panettiere’s father, Alan, has been arrested for battery.

Sgt. Scott Wolf of the West Hollywood sheriffs told People.com that the star’s father was arrested “early Monday morning” at the family home on suspicion of felony domestic violence.

“There was a domestic argument between the mother and father,” Sgt. Wolf said. “[Alan] got upset and struck the mother in the face one or two times on the left cheek which caused some bruising. From what I’m told, he hit her with a closed fist.”

Wolf continued: “The mother called police shortly before 3 a.m., and Mr. Panettiere was taken into custody. He’s been cooperative. Earlier, they were at a party and the husband apparently felt disrespected by his wife.”

The party mentioned was daughter Hayden’s Whaleman Foundation Benefit, held at Eva Longoria’s Hollywood restaurant, Beso, on Sunday evening.

Alan Panettiere has not yet given his version of events to the deputies involved in the case, but Steve Whitmore, another sheriff’s spokesman, admitted that alcohol was a factor in the abuse.

“I can confirm that alcohol was involved in the incident,” Whitmore said.

Panettiere, 49, is currently in custody. Bail has been set at $50,000.

A rep for Ms. Pantyhair refused to comment on the incident. “This is a private matter,” the rep said. “We have no comment.”

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Little Pantyhair’s growing up so fast!

A few years ago, she was running around in diapers, and now she’s prancing down the red carpet with fake eyelashes, wearing painted on dresses, and getting engaged!

Isn’t life in young Hollywood just dandy?

To see more of Hayden at the NBC Universal Press Tour Party, follow the jump.

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Heroes co-stars Hayden Panettiere and Milo Ventimiglia are set to wed, according to OK! magazine.

The couple, who have a 12-year age-gap, were spotted ring shopping in L.A. earlier in the week, sparking rumours that they will soon announce their engagement. Sources revealed that the pair took particular interest in a Cartier diamond ring, and are considering purchasing it.

Friends of 30-year-old Milo have fueled the wedding rumours, telling the mag that the former Gilmore Girls actor is “completely smitten” with his 18-year-old girlfriend, and “can’t wait to settle down [with her].”

The ring in question is reportedly worth around £100,000. It’s sure to get Hayden’s attention, if nothing else.

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…But it’s all part of her Heroes character, Claire’s, latest role in the hit show, so she’s off the hook.

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According to The Sun UK, little Heroes star Hayden Panettiere is a closet lesbian, who’s just been outed!

The newspaper stated that the former child star had been constantly “dogged by rumours she [is a] lesbian,” and that Panettiere proved, for once, that the gossip was true when she hinted at the possibility of having an affair with some on Hollywood’s hottest leading ladies.

Pantyhair was quoted as saying: “[The lesbian rumours are] fine with me. If I’m going to be linked with someone, I could do an affair with Angelina Jolie, Jessica Alba or Charlize Theron.

“And Kate Beckinsale is gorgeous. There are so many beautiful girls.”

Perhaps the Heroes execs could write something in the script for the next season, so Hayden can be really sure…

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No, she is not hard up for cash, she is using the money she makes from the sale in her quest to help save the whales, probably seals as well.

I wonder what she thinks of this.

Below is Hayden’s video message on her sale.

Heroes actress Hayden Panettiere is sick of gossip mags referring to her as a “child” or “Hollywood baby,” and hopes they will stop with the tags now that she’s turned 18, because she considers herself an adult.

Panettiere says: “I don’t know if [the mags] can call me a child star any more. I’m an adult now so I don’t think they would ever give me that again

I guess she’s never heard of Macaulay Culkin then…

“I’ve gotten [the child label] before when I was young and it’s a wonderful thing. [However], if they tried to call me a child starlet now I might go, ummm, I don’t think so!”

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