I have the same problem after upgrading from Lucid to Lucid Lynx 10 LTS.
It looks like Virtualbox was upgraded as well. The previous version was
3.08, now I have 3.1.6 OSE.

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AMD-V is being used by another hypervisor. (VERR_SVM_IN_USE)
https://bugs.launchpad.net/bugs/556852
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