VS 2010 " The Type Initializer for 'Microsoft.Dynamics.BusinessConnector.Session.SessionCache' threw an exception"

Hi all, While creating a new SSRS project in VS2012 for AX 2012 , I got the error : " The Type Initializer for 'Microsoft.Dynamics.BusinessConnector.Session.SessionCache' threw an exception" To resolve this error , Open CMD , as administrator Run the following command : lodctr /r It helped me to create new Project ....(read more)