Seems like I've just found a workaround for my case. This log entry caught my 
attention:
[ 6508.900] (II) intel(0): resizing framebuffer to 2624x900

I've checked ubuntu displays settings and found that besides built-in
display I have some weird unknown 1024x768 display which is enabled.
After disabling it I've sent my notebook to suspend, and after waiting
for 2 minutes I was able to successfully wake it up. Hope this helps.

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You received this bug notification because you are a member of Ubuntu-X,
which is subscribed to xserver-xorg-video-ati in Ubuntu.
https://bugs.launchpad.net/bugs/1283938

Title:
  Ubuntu 14.04 blank screen after wakeup from sleep

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