Same problem here:
System hangs when I try restart.

Though shutdown and poweroff seems to work fine.


uname -a
3.2.0-24-generic #37-Ubuntu SMP Wed Apr 25 08:43:22 UTC 2012 x86_64 x86_64 
x86_64 GNU/Linux

lspci
00:00.0 Host bridge: Intel Corporation 5520/5500/X58 I/O Hub to ESI Port (rev 
13)
00:01.0 PCI bridge: Intel Corporation 5520/5500/X58 I/O Hub PCI Express Root 
Port 1 (rev 13)
00:03.0 PCI bridge: Intel Corporation 5520/5500/X58 I/O Hub PCI Express Root 
Port 3 (rev 13)
00:07.0 PCI bridge: Intel Corporation 5520/5500/X58 I/O Hub PCI Express Root 
Port 7 (rev 13)
00:14.0 PIC: Intel Corporation 5520/5500/X58 I/O Hub System Management 
Registers (rev 13)
00:14.1 PIC: Intel Corporation 5520/5500/X58 I/O Hub GPIO and Scratch Pad 
Registers (rev 13)
00:14.2 PIC: Intel Corporation 5520/5500/X58 I/O Hub Control Status and RAS 
Registers (rev 13)
00:14.3 PIC: Intel Corporation 5520/5500/X58 I/O Hub Throttle Registers (rev 13)
00:1a.0 USB controller: Intel Corporation 82801JI (ICH10 Family) USB UHCI 
Controller #4
00:1a.1 USB controller: Intel Corporation 82801JI (ICH10 Family) USB UHCI 
Controller #5
00:1a.2 USB controller: Intel Corporation 82801JI (ICH10 Family) USB UHCI 
Controller #6
00:1a.7 USB controller: Intel Corporation 82801JI (ICH10 Family) USB2 EHCI 
Controller #2
00:1b.0 Audio device: Intel Corporation 82801JI (ICH10 Family) HD Audio 
Controller
00:1c.0 PCI bridge: Intel Corporation 82801JI (ICH10 Family) PCI Express Root 
Port 1
00:1c.1 PCI bridge: Intel Corporation 82801JI (ICH10 Family) PCI Express Port 2
00:1c.2 PCI bridge: Intel Corporation 82801JI (ICH10 Family) PCI Express Root 
Port 3
00:1c.4 PCI bridge: Intel Corporation 82801JI (ICH10 Family) PCI Express Root 
Port 5
00:1c.5 PCI bridge: Intel Corporation 82801JI (ICH10 Family) PCI Express Root 
Port 6
00:1d.0 USB controller: Intel Corporation 82801JI (ICH10 Family) USB UHCI 
Controller #1
00:1d.1 USB controller: Intel Corporation 82801JI (ICH10 Family) USB UHCI 
Controller #2
00:1d.2 USB controller: Intel Corporation 82801JI (ICH10 Family) USB UHCI 
Controller #3
00:1d.7 USB controller: Intel Corporation 82801JI (ICH10 Family) USB2 EHCI 
Controller #1
00:1e.0 PCI bridge: Intel Corporation 82801 PCI Bridge (rev 90)
00:1f.0 ISA bridge: Intel Corporation 82801JIR (ICH10R) LPC Interface Controller
00:1f.2 IDE interface: Intel Corporation 82801JI (ICH10 Family) 4 port SATA IDE 
Controller #1
00:1f.3 SMBus: Intel Corporation 82801JI (ICH10 Family) SMBus Controller
00:1f.5 IDE interface: Intel Corporation 82801JI (ICH10 Family) 2 port SATA IDE 
Controller #2
02:00.0 VGA compatible controller: Advanced Micro Devices [AMD] nee ATI Juniper 
[Radeon HD 5700 Series]
02:00.1 Audio device: Advanced Micro Devices [AMD] nee ATI Juniper HDMI Audio 
[Radeon HD 5700 Series]
05:00.0 IDE interface: Marvell Technology Group Ltd. Device 91a3 (rev 11)
06:00.0 USB controller: NEC Corporation uPD720200 USB 3.0 Host Controller (rev 
03)
07:00.0 Ethernet controller: Realtek Semiconductor Co., Ltd. RTL8111/8168B PCI 
Express Gigabit Ethernet controller (rev 03)
08:00.0 SATA controller: JMicron Technology Corp. JMB363 SATA/IDE Controller 
(rev 03)
08:00.1 IDE interface: JMicron Technology Corp. JMB363 SATA/IDE Controller (rev 
03)
09:02.0 FireWire (IEEE 1394): VIA Technologies, Inc. VT6306/7/8 [Fire II(M)] 
IEEE 1394 OHCI Controller (rev c0)
ff:00.0 Host bridge: Intel Corporation Xeon 5500/Core i7 QuickPath Architecture 
Generic Non-Core Registers (rev 05)
ff:00.1 Host bridge: Intel Corporation Xeon 5500/Core i7 QuickPath Architecture 
System Address Decoder (rev 05)
ff:02.0 Host bridge: Intel Corporation Xeon 5500/Core i7 QPI Link 0 (rev 05)
ff:02.1 Host bridge: Intel Corporation Xeon 5500/Core i7 QPI Physical 0 (rev 05)
ff:03.0 Host bridge: Intel Corporation Xeon 5500/Core i7 Integrated Memory 
Controller (rev 05)
ff:03.1 Host bridge: Intel Corporation Xeon 5500/Core i7 Integrated Memory 
Controller Target Address Decoder (rev 05)
ff:03.4 Host bridge: Intel Corporation Xeon 5500/Core i7 Integrated Memory 
Controller Test Registers (rev 05)
ff:04.0 Host bridge: Intel Corporation Xeon 5500/Core i7 Integrated Memory 
Controller Channel 0 Control Registers (rev 05)
ff:04.1 Host bridge: Intel Corporation Xeon 5500/Core i7 Integrated Memory 
Controller Channel 0 Address Registers (rev 05)
ff:04.2 Host bridge: Intel Corporation Xeon 5500/Core i7 Integrated Memory 
Controller Channel 0 Rank Registers (rev 05)
ff:04.3 Host bridge: Intel Corporation Xeon 5500/Core i7 Integrated Memory 
Controller Channel 0 Thermal Control Registers (rev 05)
ff:05.0 Host bridge: Intel Corporation Xeon 5500/Core i7 Integrated Memory 
Controller Channel 1 Control Registers (rev 05)
ff:05.1 Host bridge: Intel Corporation Xeon 5500/Core i7 Integrated Memory 
Controller Channel 1 Address Registers (rev 05)
ff:05.2 Host bridge: Intel Corporation Xeon 5500/Core i7 Integrated Memory 
Controller Channel 1 Rank Registers (rev 05)
ff:05.3 Host bridge: Intel Corporation Xeon 5500/Core i7 Integrated Memory 
Controller Channel 1 Thermal Control Registers (rev 05)
ff:06.0 Host bridge: Intel Corporation Xeon 5500/Core i7 Integrated Memory 
Controller Channel 2 Control Registers (rev 05)
ff:06.1 Host bridge: Intel Corporation Xeon 5500/Core i7 Integrated Memory 
Controller Channel 2 Address Registers (rev 05)
ff:06.2 Host bridge: Intel Corporation Xeon 5500/Core i7 Integrated Memory 
Controller Channel 2 Rank Registers (rev 05)
ff:06.3 Host bridge: Intel Corporation Xeon 5500/Core i7 Integrated Memory 
Controller Channel 2 Thermal Control Registers (rev 05)

dpkg -l | grep ATI
ii  radeontool    1.6.2-1.1    utility to control ATI Radeon backlight 
functions on laptops
ii  xserver-xorg-video-ati    1:6.14.99~git20111219.aacbd629-0ubuntu2    X.Org 
X server -- AMD/ATI display driver wrapper
ii  xserver-xorg-video-mach64    6.9.0-1build2    X.Org X server -- ATI Mach64 
display driver
ii  xserver-xorg-video-r128    6.8.1-5build2    X.Org X server -- ATI r128 
display driver
ii  xserver-xorg-video-radeon    1:6.14.99~git20111219.aacbd629-0ubuntu2    
X.Org X server -- AMD/ATI Radeon display driver

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https://bugs.launchpad.net/bugs/991977

Title:
  Ubuntu 12.04 hangs on shutdown

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