Getting `Can't assign requested address` java.net.SocketException using Ehcache multicast

Getting `Can't assign requested address` java.net.SocketException using
Ehcache multicast

Getting java.net.SocketException when trying to start a multicast provider:
2013-09-11 11:45:44,204 [main] ERROR
net.sf.ehcache.distribution.MulticastRMICacheManagerPeerProvider: Error
starting heartbeat. Error was: Can't assign requested address
java.net.SocketException: Can't assign requested address
at java.net.PlainDatagramSocketImpl.join(Native Method)
at
java.net.AbstractPlainDatagramSocketImpl.join(AbstractPlainDatagramSocketImpl.java:178)
at java.net.MulticastSocket.joinGroup(MulticastSocket.java:319)
at
net.sf.ehcache.distribution.MulticastKeepaliveHeartbeatReceiver.init(MulticastKeepaliveHeartbeatReceiver.java:88)
at
net.sf.ehcache.distribution.MulticastRMICacheManagerPeerProvider.init(MulticastRMICacheManagerPeerProvider.java:95)