Master Control Panel occasionally works for me, but at other times it will never launch. I click on the app, something seems to happen but the window never appears. I tried running from the command line and it runs for 15-20 seconds then exits. No windows ever appear, no messages are emitted. I need to use master control panel to test changes to our custom ble service.
I'm currently running windows 10, though this same problem happened sometimes with windows 7.
UPDATE 5/9/2016:
I tried removing the log.txt file from %ProgramData%Nordic Semiconductor/Master Control Panel unfortunately the problem still persists. However I discovered that BitDefender anti-virus is declaring master control panel as "Potentially Malicious Application" and saying the applications behavior can harm your computer. I clicked "Allow and Monitor" and master control panel is working now.