Mac OS 10.15 Catalina: Unix socket lock file is empty /var/run/mysqld/mysqld.sock.lock. issue

Since upgrading to the latest OS X, mysql 5.7 crashes immediately after starting citing this error:
mysql_1 | 2019-10-18T10:22:17.957413Z 0 [ERROR] Unix socket lock file is empty /var/run/mysqld/mysqld.sock.lock.
mysql_1 | 2019-10-18T10:22:17.957443Z 0 [ERROR] Unable to setup unix socket lock file.
mysql_1 | 2019-10-18T10:22:17.957448Z 0 [ERROR] Aborting

Is anyone experiencing a similar issue?