The ladies will both be presenting during the show this afternoon to help honor the best in independent film.
Kate looked gorgeous on Friday night while stepping out for the Piaget and Weinstein Company party to kick off the awards weekend. See those photos in the gallery!
FYI: Kerry is wearing a Prada dress, Christian Louboutin shoes, and Susan Foster earrings. Kate is wearing a Pamella Rolland top and skirt, Stuart Weitzman shoes, a L’Afshar clutch, and Piaget jewelry at the awards. She is wearing a Basil Soda dress, Stuart Weitzman shoes, and Piaget jewelry at the party.