This error does not look like it has anything to do with Launchpad's server side.
The error means bzr is failing to acquire a filesystem lock for the "checkout" part of the tree. The "checkout" in bzr represents the checked-out source files and associated metadata. It's what makes it possible to run "bzr st", "bzr add" and similar commands.
Since you describe the problem as emacs-specific, it might be something wrong with the emacs mode you are using for driving bzr. Is that VC, or DVC?
Generally, VC does not do what you would expect, because it's designed for centralized version control systems such as RCS, SCCS, CVS and Subversion. Make sure to investigate the use DVC instead.
The way you phrase it, you suggest that all developers are working on the same branch on a shared development server. That's a pretty unusual way to use a distributed version control, you should check that the .bzr/checkout directory has the appropriate permissions. For you that would be something like rwxrwtr-x. Note the setgid bit on directory.
The best place to get such problems resolved is the #bazaar channel on irc.freenode.net. Diagnosing and solving such problems often requires a number of roundtrips, and IRC is a more appropriate medium than stackoverflow.