This has caught me out a couple of times now. I was getting this exception:

Castle.MicroKernel.ComponentActivator.ComponentActivatorException: ComponentActivator: could not instantiate MyNameSpace.ClassName ---> System.ArgumentNullException: Value cannot be null.
Parameter name: types
at System.Type.GetConstructor(BindingFlags bindingAttr, Binder binder, Type[] types, ParameterModifier[] modifiers)
at Castle.MicroKernel.ComponentActivator.DefaultComponentActivator.FastCreateInstance(Type implType, Object[] arguments, Type[] s

The exception could be a bit more informative - it turns out this is caused by not providing a public constructor on the class (it was accidentally set to 'protected').