Thanks for your reply, NofarC.
I'm not trying to run the tests in VS 2012. I have both VS 2010 and VS 2012 installed, but am only trying to run the tests in VS 2010, and they are failing as I've described above.
I also had this problem a couple of months ago when I installed the VS 2012 release candidate. The only way I could fix it was to uninstall VS 2012 RC, uninstall VS 2010 (and SP1) and reinstall VS 2010 (and SP1). I was hoping I wouldn't see the issue again once VS 2012 was released, but alas, here I am.
Any ideas?
Thanks,
Paul