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I need helping resolve this issue. Currently I am having the same error message here in 2020. Everytime I try to switch between the panels especially when I try to switch into the color panel I get an error message which says "error parsing properties list from file". Can someone please help.
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It looks like you workspaces are corrupted.
Close Premiere.
Navigate to the directory shown in your error.
Trash everything in that 'Layouts' directory.
Restart Premiere - it will rebuild the workspaces.