The Toolbox Path Cache is a file that MATLAB uses to store information regarding the location of toolbox directories. It is used because loading the information from a single local file is quicker than accessing the file system, particularly when there are many toolboxes or the directories are being accessed across a network. The cache file will also be updated at the end of each MATLAB session.
Both error messages indicate that there is an issue with the current Toolbox Path Cache file. Generally both errors will be resolve by restarting MATLAB as it will generate a new Toolbox Path Cache. If the error does return there are two ways to reset the Toolbox Path Cache
>> rehash toolboxcache
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