Game ended with "bad state" (exit code -1073741819)

When logging on to a minecraft server that I frequent, the game crashes instantly shows the classic:
"Java(TM) Platform SE binary has stopped working
_{A problem caused the program to stop working correctly. Please close the program}"

When opening the Development Console I see the:
"Game ended with bad state (exit code -1073741819)"

This problem only affects my multiplayer sessions on a hosted server. I started a world in single player and the game ran flawlessly.