...
To import custom Adobe Sequence Settings please follow following steps:
Do one live:cut recording and export the live:cut Project. Import the previously exported Project into Adobe Premiere Pro and open the “Sequence Settings” in Adobe Premiere Pro.
...
The Sequence Settings are probably not correct and need to be changed. Change the settings accordingly according to your needs and press the “OK” button.
...
Export the Adobe Premiere Pro Project as a Final Cut Pro XML which can then be used for the custom settings in live:cut.
...
In the live:cut Export Preferences use the “Import” button to import the previously created XML. Press the “OK” button to save the Export settings.
...