Regression: Lenovo Yoga C940 hangs while going to sleep

With new linux-image-5.3.0-42-generic Lenovo Yoga C940 stopped going to sleep.
Whn going to sleep the on/off LED keeps on (instead of blinking) and the laptop is unresponsive. Needs a 4 second power button shutdown. The problem is reproducible every time.

linux-image-5.3.0-40-generic doesn't have this problem - laptop goes to sleep and resumes normally.

ProblemType: Bug
DistroRelease: Ubuntu 19.10
Package: linux-image-5.3.0-42-generic 5.3.0-42.34
ProcVersionSignature: Ubuntu 5.3.0-40.32-generic 5.3.18
Uname: Linux 5.3.0-40-generic x86_64
ApportVersion: 2.20.11-0ubuntu8.5
Architecture: amd64
AudioDevicesInUse: Error: command ['fuser', '-v', '/dev/snd/by-path', '/dev/snd/controlC0', '/dev/snd/hwC0D2', '/dev/snd/hwC0D0', '/dev/snd/pcmC0D12p', '/dev/snd/pcmC0D11p', '/dev/snd/pcmC0D10p', '/dev/snd/pcmC0D9p', '/dev/snd/pcmC0D8p', '/dev/snd/pcmC0D7p', '/dev/snd/pcmC0D3p', '/dev/snd/pcmC0D0c', '/dev/snd/pcmC0D0p', '/dev/snd/seq', '/dev/snd/timer'] failed with exit code 1:
CurrentDesktop: ubuntu:GNOME
Date: Wed Mar 11 21:26:43 2020
InstallationDate: Installed on 2019-11-29 (102 days ago)
InstallationMedia: Ubuntu 19.04 "Disco Dingo" - Release amd64 (20190416)
MachineType: LENOVO 81Q9
ProcFB: 0 i915drmfb
ProcKernelCmdLine: BOOT_IMAGE=/boot/vmlinuz-5.3.0-40-generic root=UUID=24af2874-e109-44f9-a5b9-8a9ce34b3f0f ro quiet splash intel_pstate=disable vt.handoff=7
PulseList: Error: command ['pacmd', 'list'] failed with exit code 1: No PulseAudio daemon running, or not running as session daemon.
RelatedPackageVersions:
 linux-restricted-modules-5.3.0-40-generic N/A
 linux-backports-modules-5.3.0-40-generic N/A
 linux-firmware 1.184
SourcePackage: linux
UpgradeStatus: Upgraded to eoan on 2019-11-29 (102 days ago)
dmi.bios.date: 08/22/2019
dmi.bios.vendor: LENOVO
dmi.bios.version: AUCN45WW
dmi.board.asset.tag: NO Asset Tag
dmi.board.name: LNVNB161216
dmi.board.vendor: LENOVO
dmi.board.version: SDK0R32862 WIN
dmi.chassis.asset.tag: NO Asset Tag
dmi.chassis.type: 31
dmi.chassis.vendor: LENOVO
dmi.chassis.version: Lenovo Yoga C940-14IIL
dmi.modalias: dmi:bvnLENOVO:bvrAUCN45WW:bd08/22/2019:svnLENOVO:pn81Q9:pvrLenovoYogaC940-14IIL:rvnLENOVO:rnLNVNB161216:rvrSDK0R32862WIN:cvnLENOVO:ct31:cvrLenovoYogaC940-14IIL:
dmi.product.family: Yoga C940-14IIL
dmi.product.name: 81Q9
dmi.product.sku: LENOVO_MT_81Q9_BU_idea_FM_Yoga C940-14IIL
dmi.product.version: Lenovo Yoga C940-14IIL
dmi.sys.vendor: LENOVO