Today I rebooted an Ubuntu 14.10 that was set up with LVM and encryption.
It was unable to use the encrypted swapspace cryptswap1, which ultimately halted the boot procedure with a prompt (S for skip and M for manual resolution, i.e. single-user-mode prompt).
The problem appears to be that the UUID (blkid) of the designated swap device is lost (destroyed by overwriting). This may not become apparent after the first reboot, because data actually has to be written to the device in order for the problem to appear. At last that is my working hypothesis on why this did not bite me earlier.