The error message doesn't look like it has anything to do with Test Studio. The problem is happening in the DLL for HCS.TMS.QA.Automation.PositionManager.Common.Settings.GlobalSettings which is not Test Studio code at all. My guess (and it's only a shot in the dark) is that there's a DLL version mismatch installed on your execution machine for one of your own DLL's.
the Telerik team
Explore the entire Telerik portfolio by downloading the Ultimate Collection trial package. Get it now >>