After running yum update package, error: unpacking of archive failed on file /etc/rc0.d: cpio: rename

Issue

• When running the following yum update, the following error is generated:

yum -y update
Loaded plugins: rhnplugin, security
This system is receiving updates from RHN Classic or RHN Satellite.
Skipping security plugin, no data
Setting up Update Process
Resolving Dependencies
Skipping security plugin, no data
--> Running transaction check
---> Package initscripts.x86_64 0:8.45.44-3.el5 set to be updated
--> Finished Dependency Resolution

Dependencies Resolved

================================================================================
 Package         Arch       Version              Repository                Size
================================================================================
Updating:
 initscripts     x86_64     8.45.44-3.el5        rhel-x86_64-server-5     1.6 M

Transaction Summary
================================================================================
Install       0 Package(s)
Upgrade       1 Package(s)

Total download size: 1.6 M
Downloading Packages:
initscripts-8.45.44-3.el5.x86_64.rpm                     | 1.6 MB     00:00     
Running rpm_check_debug
Running Transaction Test
Finished Transaction Test
Transaction Test Succeeded
Running Transaction
  Updating       : initscripts                                              1/2 
Error unpacking rpm package initscripts-8.45.44-3.el5.x86_64
warning: /etc/rc.d/init.d/functions saved as /etc/rc.d/init.d/functions.rpmsave
warning: /etc/rc.d/init.d/halt saved as /etc/rc.d/init.d/halt.rpmsave
warning: /etc/rc.d/rc.sysinit saved as /etc/rc.d/rc.sysinit.rpmsave

Error unpacking rpm package initscripts-8.45.44-3.el5.x86_64
error: unpacking of archive failed on file /etc/rc0.d: cpio: rename

Failed:
  initscripts.x86_64 0:8.45.44-3.el5