Comment 8 for bug 972723

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Yotam Benshalom (benshalom) wrote : Re: linux 3.2.0-18 - 21 kernel panic on boot, Alienware m17x

A workaround which was suggested in the thread http://ubuntuforums.org/showthread.php?p=11819330 fixed the issue for me:

echo "blacklist ite-cir" | sudo tee /etc/modprobe.d/ite-cir.conf
sudo depmod -a 3.2.0-22-generic
sudo update-initramfs -u -k 3.2.0-22-generic