LVM commands return "metadata too large for circular buffer": metadata area exhausted

Issue

• I'm having problem on pvmove and other LVM commands with one of our server. LVM commands performed thta change the Volume Group configuration results in error messages:

# pvmove -v -i 10 /dev/sdco1:86535-86791 
   Finding volume group "VolGroup01" 
  Detected pvmove in progress for /dev/sdco1 
    Found volume group "VolGroup01" 
    Found volume group "VolGroup01" 
    Checking progress every 10 seconds 
  /dev/sdco1: Moved: 100.0% 
  VG VolGroup01 metadata too large 
  ABORTING: Failed to write new data locations to disk. 

• I'v tried to abort pvmove operation:

  # pvmove --abort 
    VG <volume-group-name> metadata too large for circular buffer 
    ABORTING: Failed to write new data locations to disk.
  

• Running commands such as vgreduce, vgextend, lvcreate, lvremove or any other command that modifies metadata will return the following error:

  VG <volume-group-name> metadata too large for circular buffer 
  ABORTING: Failed to write new data locations to disk.