I was having the same problem but I could not run the above command, it got 
stuck with only a (I assume) non-relevant warning about a deprecated button use.
Using aptitude it first gave me a warning about unable to update and propose 
several keeps, but after accepting the keeps it gave an other message about 
broken packages which it could fix. After this no keeps and it could do a 
normal update. 
After this, update still did not run but then I discovered there where mere 
update processes running at the same time. Killing them enabled me to run 
update and the problem is gone.

So for me the real problem looked to be the broken packages but
unfortunately the broken packages were not logged and I have not noted
them down. For the command line option to run it might give more info
after killing the running update processes.

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https://bugs.launchpad.net/bugs/1346414

Title:
  update-manager crashed with AttributeError in update(): 'NoneType'
  object has no attribute 'saveDistUpgrade'

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