Unable to open the Contributor Admin Console - main form failed to initialize

An error has occurred while starting Cognos Planning - Contributor Administration.
Main form failed to intialize.

Error Details:
The lock we own has now vanished

Error from Planningerrorlog.csv file:
The lock we own has now vanished

Error when trying to open the Contributor Admin console

Corrupt Content Store and/or Planning Store depending on your configuration

Recreate the corrupt Store/s.
Certain factors need to be taken into consideration before re-creating the Content and Planning Stores.

A few things that need to be considered:

Is EP and BI sharing the same Content Store?
Is there a Content Store and Planning Store?
Deployment of the Content Store from Cognos Connection
Export of Admin links and Macro's EP deployment or Export