Earlier, we had reported that Oscar-winning director Alexander Payne's next film is titled The Holdovers. On Monday, the makers of the film released the trailer of the film. The film will have a worldwide release on November 22. 

The film's official logline read, " A curmudgeonly instructor (Paul Giamatti) at a prestigious American school who is forced to remain on campus during Christmas break to babysit the handful of students with nowhere to go. Eventually, he forms an unlikely bond with one of them -- a damaged, brainy troublemaker (newcomer Dominic Sessa) -- and with the school's head cook, who has just lost a son in Vietnam (Da'Vine Joy Randolph).

Here is the trailer 

The Holdovers marks Alexander Payne's second collaboration with Paul Giamatti. The two previously worked together on the 2004 Oscar-winning film Sideways.

Alexander Payne came up with the film inspired by a 1930s French film set in a boarding school. The Holdovers will be set in the 1970s, making it a period piece. David Hemingson helped develop the screenplay for the film, which he will also produce alongside Mark Johnson and Bill Block. Executive producers include Chris Stinson, Tom Williams, Andrew Golov, and Thom Zadra.