CMScockpit redraw popup error while renaming the navigation node

When trying to rename new navigation nodes to the 'Navigation' tree in the WCMS, changing the existing 'Name' field value causes the attached error and blocks any further menu/navigation editing capabilities for the rest of the session and I faced the same issue on latest version of hybris 5.7.0.4 which recreating the same in electronic site.

please check the screenshot

[1]: /storage/temp/4862-redraw-issue.png