Padshop 2: "A required license has been disabled"

So, I’ve basically stopped using / updating Cubase due to their approach to so-called “support” and sales decisions.
I am however finishing up projects, and when I tried to open my latest collab (which I’ve been working on for a few weeks now), I get this error message.


Any tips?

I’ve reinstalled the eLicencer software, that didn’t help. I was able to open the project maybe 1 in 10 times when trying yesterday.