Red Carpet Fashion: 2012 Vanity Fair Oscar Party (Part One)

Photo Credit: WENN; FameFlynet Pictures

Pictured: Amy Adams, Olivia Wilde, Maria Sharapova, Claire Danes, Elizabeth Olsen
The Vanity Fair Oscar Party along with the Elton John AIDS Foundation Oscar Party are the two parties outside of the actual Academy Awards show that are heavily attended so therefore a lot of photos to view. Expect an overload so we're breaking these posts up into several parts and don't expect much witty ...

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