Render Error Fix for Android Studio & internal.widget.ActionBarOverlayLayout

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This is a workaround to fix the rendering error that comes up in Android Studio 1.2.1.1.

Namely.

android.support.v7.internal.widget.ActionBarOverlayLayout could not be instantiated

Its actually an issue described on the Android Tools Project website to do with version 1.2 of the Android Gradle plugin, and declare it will be fixed by version 1.2.3

Click here for more information.

http://tools.android.com/knownissues

Source: Youtube