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2012 Vanity Fair Oscar Party Photos

Kate Beckinsale, Milla Jovovich
Kate Beckinsale and Milla Jovovich attend the 2012 Vanity Fair Oscar Party in Los Angeles, CA.

Vanity Fair Oscar Party 2012
Jennifer Lopez turned heads on the Oscars red carpet in a plunging, silver Zuhair Murad gown, but the diva extraordinaire looked even better at the annual Vanity Fair afterparty in yet another revealing Murad masterpiece. Luckily -- at the post-ceremony soiree -- J.Lo didn't suffer a second slip. Her first frock may have showcased a bit too much skin, but her encore ensemble was utter perfection.

Vanity Fair Oscar Party 2012
Or, would you prefer to party with Zach Galifianakis, Rachael Harris, and Cheryl Hines? I'm opting for the latter. Obviously.

Vanity Fair Oscar Party 2012
Gerard Bulter put his grubby paws on Jessica Chastain at the Vanity Fair party. She should know better than to mingle with the infamous ladies man.

Vanity Fair Oscar Party 2012
Lily Collins wore a blue-and-nude Monique Lhuillier gown. Is it gorgeous or hideous? I'm on the fence.

Vanity Fair Oscar Party 2012
Emily Watson was all smiles upon arriving at the annual VF party in a black frock, curly 'do, and layered necklaces.

Vanity Fair Oscar Party 2012
Minnie Driver reigned supreme in a champagne-colored gown and diamond baubles. Call us crazy, but we think she was one of the best-dressed beauties of the entire evening.

Vanity Fair Oscar Party 2012
Is the bold color combo Rosario Dawson rocked working for you? We secretly love it.

Vanity Fair Oscar Party 2012
Olivia Munn arrives at the 2012 Vanity Fair Oscar Party in Los Angeles, CA.

Vanity Fair Oscar Party 2012
Rachael Harris -- who also looked lovely on the purple carpet at Saturday's Independent Spirit Awards -- delivered a second consecutive win, this time in vintage Lanvin.

Vanity Fair Oscar Party 2012
Kate Beckinsale has never failed us ... until last night in this seaweed-covered eyesore.

Vanity Fair Oscar Party 2012
Salma Hayek's YSL dress was nothing to write home about. Her braid, however, was quite cute.

Vanity Fair Oscar Party 2012
Also spotted in all-black was "Once Upon a Time" star Ginnifer Goodwin, who donned this fashion-forward getup.

Vanity Fair Oscar Party 2012
"Parks and Recreation" star Rashida Jones looked yummy in yellow. Mustard is one of this season's hottest trends.

Vanity Fair Oscar Party 2012
Kate Hudson arrives at the 2012 Vanity Fair Oscar Party in Los Angeles, CA.

Vanity Fair Oscar Party 2012
Do you prefer the Giambattista Valli dress Emma Stone wore to the Oscars, or this one, which was designed by Chanel?

Vanity Fair Oscar Party 2012
Cam changed into a Popsicle-hued Victoria Beckham-designed gown for the party circuit. Discuss!

Vanity Fair Oscar Party 2012
Yep, I'm showcasing the Williams sisters again. Why? Because I love them, and they had fun dressing in bold gowns, unlike so many of Hollywood's uptight elitists.

Vanity Fair Oscar Party 2012
Abbie Cornish oozed elegance in a simple yet chic sheath and diamond accents.

Vanity Fair Oscar Party 2012
Elizabeth Olsen arrives at the 2012 Vanity Fair Oscar Party in Los Angeles, CA.

Vanity Fair Oscar Party 2012
And last but not least ... "Celebrity Apprentice" castmember and former "Wayne's World" star Tia Carrere. Schwing!

Vanity Fair Oscar Party 2012
We didn't think it was possible, but Shailene Woodley ("The Descendants") looked even worse at the Vanity Fair party than she did on the Oscars red carpet.

Vanity Fair Oscar Party 2012
Mia Wasikowska needed a few more accessories to complete her look, but we absolutely adored her Antonio Berardi dress and fab updo.

Vanity Fair Oscar Party 2012
Olga Kurylenko arrives at the 2012 Vanity Fair Oscar Party in Los Angeles, CA.




Vanity Fair Oscar Party 2012
"227" alum Regina King delivered some fierceness as she made her way into the star-studded Vanity Fair fete.

Vanity Fair Oscar Party 2012
Kate Bosworth usually looks like a hot mess on the red carpet, but we actually approve of this Prabal Gurung dress. Do you?

Vanity Fair Oscar Party 2012
Felicity Jones -- who was robbed of an Oscar nom for her work in "Like Crazy" -- dressed to impress in a fashionable Johanna Johnson dress and minimal makeup.

Vanity Fair Oscar Party 2012
"Avatar" star Zoe Saldana channeled her inner "Dynasty" vixen in an '80s-inspired Marios Schwab frock.

2012 Vanity Fair Oscar Party
Tom Cruise, Katie Holmes, Victoria Beckham and David Beckham attend the 2012 Vanity Fair Oscar Party in Los Angeles, CA.

Vanity Fair Oscar Party 2012
"SNL's" Jason Sudeikis was caught canoodling with his lady love, "Tron" hottie Olivia Wilde. That's one lucky man!

Vanity Fair Oscar Party 2012
Jennifer Lopez turned heads on the Oscars red carpet in a plunging, silver Zuhair Murad gown, but the diva extraordinaire looked even better at the annual Vanity Fair afterparty in yet another revealing Murad masterpiece. Luckily -- at the post-ceremony soiree -- J.Lo didn't suffer a second wardrobe malfunction. Her first frock may have showcased a bit too much skin, but her encore ensemble was utter perfection....

Vanity Fair Oscar Party 2012
Ladies Night, featuring: Amy Adams, Jennifer Westfeldt, Claire Danes, and Paula Patton!

Vanity Fair Oscar Party 2012
Seth Rogen and Lauren Miller attend the 2012 Vanity Fair Oscar Party in Los Angeles, CA.

Vanity Fair Oscar Party 2012
Elizabeth Olsen kept things relatively simple in an all-black ensemble from Christian Dior.

Vanity Fair Oscar Party 2012
Do you think Tom instructs Katie to tilt her head in every picture in order for him to seem less petite?

Vanity Fair Oscar Party 2012
Natalie Portman and baby daddy Benjamin Millepied must have found a sitter for little Aleph, who was born back in June.

Vanity Fair Oscar Party 2012
"Transformers" star Rosie Huntington-Whiteley snuggled up to her man, action hero Jason Statham, at the bar.

2012 Vanity Fair Oscar Party
Elizabeth Banks and Amy Adams attend the 2012 Vanity Fair Oscar Party in Los Angeles, CA.

2012 Vanity Fair Oscar Party
Diane Kruger ("Inglourious Basterds") vamped it up in a slinky red gown and high pony.

2012 Vanity Fair Oscar Party
Gwyneth Paltrow and Jane Fonda attend the 2012 Vanity Fair Oscar Party in Los Angeles, CA.

2012 Vanity Fair Oscar Party
Wax figures?

Vanity Fair Oscar Party 2012
What do you make of the strapless white Roberto Cavalli gown "Modern Family" minx Sofia Vergara wore to the Vanity Fair party? Hot or not?

2012 Vanity Fair Oscar Party
LOVE Patricia Clarkson. HATE her dress and shoe combo. So much.

2012 Vanity Fair Oscar Party
Elizabeth Banks' dress, designed by Chadwick Bell, was one of our absolute favorites. Thoughts?

Vanity Fair Oscar Party 2012
Golden Globe winner Claire Danes ("Homeland") looked like a delicious snowcone in her strawberry-hued Valentino dress.

Vanity Fair Oscar Party 2012
Olivia Wilde arrives at the 2012 Vanity Fair Oscar Party in Los Angeles, CA.

Vanity Fair Oscar Party 2012
Kelly Lynch arrives at the 2012 Vanity Fair Oscar Party in Los Angeles, CA.

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