With the petition having been filed just over a week ago, the court has appointed Cologne attorney Hans-Gerd Jauch as interim administrator, responsible for determining whether formal insolvency proceedings will now begin.

Founded in 1923 by Johannes Bockemühl, JOBO became well-known for its darkroom gear including a wide range of processors, enlargers, dryers, tanks, drums and accessories. The company first exhibited its products at the Leipzig Trade Fair, and its press releases routinely note its history as one of the first exhibitors at the world's largest trade show, as well as the use of Jobo equipment in processing NASA's images of the Apollo 11 moon landing.

While the company still offers darkroom gear, its product line has evolved in the digital era to include items such as digital photo frames, portable storage devices, card readers, and a hotshoe-mounted GPS device for geotagging images. The Computer Bild article suggests that further adjustment of the company's product range is likely, should it relaunch after the insolvency process is completed.