I get this error when trying to build my project after changing laptop and updating to Android Studio version 0.8.2.
FAILURE: Build failed with an exc
Yet another solution to the same problem:
This happened to me every time I imported an eclipse project into studio using the wizard (studio version 1.3.2).
What I found, quite by chance, was that quitting out of Android studio and then restarting studio again made the problem go away.
Frustrating, but hope this helps someone...