Katie Holmes Attends the New York Observer Anniversary Party, Wears a Medieval Torture Device as a Dress

Is that a gown or some kind of ancient torture device on Tom Cruise's ex?

Is Katie Holmes being punished for something? Or preparing to joust?

The former Batman Begins actress bravely donned the chainmail-style Dolce & Gabbana design to the New York Observer's 25th Anniversary Party at the Four Seasons Restaurant in New York City.

The Broadway star attempted to give the raffia effect tulle dress a swinging '50s feel with a black leather belt, but the whole thing still looks more like Game of Thrones couture to us.

On a positive note: We love those Valentino open-toe T-bar sandals.