This manifest itself as a 500 error with a Java Heap size error. I followed instructions to change the configuration of the Heap Size and raised it from 128/256 (Start/Max) to 256/768. The Heap Size error went away and now we can just not close a log.
It spins its wheels and eventually stops loading and stays on the log with no closure. During this, Java.exe on the server is pegging the processor to 95 to 100%.
I have restarted the server as well as the service with no affect.
Thanks
Jason Meyers