Premiere Crashes Upon Opening Project

Question

Note: I'm using the newest version of Premiere Pro CC on a (maxed out) Retina Macbook Pro 2012.
This just started happening. When I open a project, Premiere crashes and gives me the below pop up, blocking me from doing anything within the project. It just keeps happening every time I open the project file, even if I make a copy of the original.
I uninstalled Premiere and installed it again - without the latest update - and it worked fine. But I want this to work with the latest update because I'm not paying a subscription to have the ability to update taken away.
Note that I also experienced this pop up recently when playing back MTS files within Premiere in the same project file. I used the built-in Media Explorer and it worked. Dragging and dropping the files from Finder to Premiere was causing it to act up. Not sure why this happens b/c D&D worked in previous versions.
Here's the error:
Thanks.

Answer 1

Hi Emoral7,
.mts files are avchd files having metadata which is required by premiere pro to read and interpret those files. When you browse the files through media browser, premiere pro reads the folder structure and the metadata of those files and imports them accordingly. If you drag and drop it directly in the project panel the folder structure of the files are damaged and premiere pro does not interprets them correctly because of missing metadata. CS6, was not so strict about the folder structure and sometime interprets the files correctly, but CC is little more strict aboit the folder structures and metadata files. For more information about folder structure of .mts files you can check help file of premiere pro.
Regards,
Vinay