I'm getting the following error using visual Studio Express 2013 for Web. It previously work on 32 bit. My laptop is 64 bit Windows.
ERR: Failed to complete setup of assembly (hr = 0x8007000b). Probing terminated.
I've rebuild the solution with 64 bit cpu selected and no joy.
If you go into Tools->Options>Web Projects and ensure your have "Use the 64 bit version of IIS Express for web sites and projects." this resolves the problem.