Amy Adams
Amy Adams was one of the best dressed stars at the 8th annual Governors Awards, held at The Ray Dolby Ballroom in Los Angeles.  REUTERS/Mario Anzuoni

The Academy of Motion Picture Arts and Sciences Saturday hosted the 8th annual Governors Awards at The Ray Dolby Ballroom in Los Angeles, bestowing honorary Academy Awards recognizing lifetime achievement on action star Jackie Chan, film editor Anne V. Coates and documentarian Frederick Wiseman.

And when it came to the red carpet, the fashions were just as glamorous as the Oscars. From sweeping dramatic gowns, to embellished cocktail numbers, stars such as Amy Adams and Lily Collin certainly didn't disappoint at the Hollywood event.

Check out the red carpet standouts in the slide show above.