"Licensing Has Stopped Working" with Mountain Lion & PS Elements

After installing Mountain Lion Photoshop Elements will not open. IT produces a dialog box that says "Licensing has stopped working - ERROR 6 "  Restarting the computer is no help.
How do I reenter my license - and WHY am I having to do this?

Jeff,
That link calls for deletion of the "FlexNet Publisher" file in the HardDrive>>Library>>Preferences folder. No such file exists in that folder on my 10.8 machine.
It also calls for downloading and opening the LicenseRecovery111.zip file. I have done that and insise the LicenseRecovery Folder ran the LicenseRecover application. That app opens but appears to be non-responsive.
Any other avenues?
  //DkG

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