Error creating bean with name 'sessionFactory' defined in ServletContext

I had the same error when initializing Spring on startup, using some different library versions, but everything worked when I got my versions in this order in the classpath (the other libraries in the cp were not important):

asm-3.1.jar (lastest)
cglib-nodep-2.1_3.jar
asm-attrs-1.5.3.jar