Are you running the ubuntu packaged version for Gutsy? If not please uninstall
VirtualBox and reinstall it on Gutsy using these steps:
https://help.ubuntu.com/community/VirtualBox#head-c070902468bd6a5d75c60a2a33b7d8923fffeb24
You won't loose your virtual machines if they are stored in your home
directory. Report back and let us know if this fixed your problem.
** Changed in: virtualbox-ose (Ubuntu)
Status: New => Incomplete
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virtualbox freeze with kernel 2.6.22
https://bugs.launchpad.net/bugs/140056
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Bugs, which is the bug contact for Ubuntu.
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ubuntu-bugs mailing list
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https://lists.ubuntu.com/mailman/listinfo/ubuntu-bugs