I just converted my project from VS 2008 to VS 2010, here is the error I am getting now :-
Encountered multiple versions of the assembly with GUID ''. Try pre-importing one of these assemblies.
I already tried to clean solutions, projects, and recompile, close and open again. but no luck.
Are any of your references to the debug folder? If so you'll want to remove them.
EDIT - Since you mentioned COM Object in your comment....
Assembly error building app - Encountered multiple versions of assembly
Looks like it's a bug in VS 2010....
You should try to change .net Framework3.5 to .net Framework4.5.
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