At least two distinct issues have been discussed here.

The original problem was that /etc/resolv.conf was not populated and the
reason for this seems to have been that the symlink /etc/resolv.conf -->
../run/resolvconf/resolv.conf didn't get created.  It would be nice to
find out why that happened.  Let's continue addressing that issue here
(#1000244).

A second problem brought up by pdffs is that the upgrade to Precise
breaks systems that had multiple nameserver addresses listed in
resolv.conf, only the first of which can resolve private domain names.
I have opened a new report, #1003842, to track this issue.  pdffs:
Please subscribe to #1003842 so we can continue the discussion there.

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https://bugs.launchpad.net/bugs/1000244

Title:
  Network Manager does not populate resolv.conf

Status in “network-manager” package in Ubuntu:
  Confirmed

Bug description:
  I upgraded an 11.10 install to 12.04, and now I'm unable to resolve
  domain names because Network Manager does not populate my
  /etc/resolv.conf file.

  For example, my local wireless router uses the domain "mylocaldomain"
  and nameservers 10.157.10.12 and 10.157.10.14, so in 11.10, after
  connecting to the router I would see this in my /etc/resolv.conf:

  domain mylocaldomain
  search mylocaldomain
  nameserver 10.157.10.12
  nameserver 10.157.10.14

  Now /etc/resolv.conf contains the settings last set before I upgraded
  to 12.04, and doesn't update them for whatever network I'm currently
  on. I have to manually guess the settings and modify /etc/resolv.conf
  in order to resolve domain names.

  I believe this may be related to
  https://bugs.launchpad.net/ubuntu/+source/resolvconf/+bug/922677 and
  how the "resolvconf" program has been introduce to manage this. I
  believe this is a new bug with how prior installs are improperly
  upgraded.

  I tried removing the line "dns=dnsmasq" from
  /etc/NetworkManager/NetworkManager.conf and then running `sudo restart
  network-manager`, but that had no effect.

  I tried running `resolvconf --enable-updates` but I get the error
  "resolvconf: Error: /etc/resolv.conf isn't a symlink, not doing
  anything."

  Based on https://help.ubuntu.com/12.04/serverguide/network-
  configuration.html#name-resolution, I tried establishing this symlink
  myself, but the file /run/resolvconf/resolv.conf does not exist on my
  system.

  ProblemType: Bug
  DistroRelease: Ubuntu 12.04
  Package: network-manager 0.9.4.0-0ubuntu4
  ProcVersionSignature: Ubuntu 3.2.0-24.37-generic 3.2.14
  Uname: Linux 3.2.0-24-generic x86_64
  NonfreeKernelModules: nvidia wl
  ApportVersion: 2.0.1-0ubuntu7
  Architecture: amd64
  CRDA: Error: command ['iw', 'reg', 'get'] failed with exit code 1: nl80211 
not found.
  Date: Wed May 16 09:57:25 2012
  IfupdownConfig:
   auto lo
   iface lo inet loopback
  InstallationMedia: Ubuntu 11.10 "Oneiric Ocelot" - Release amd64+mac 
(20111012)
  IpRoute:
   default via 192.168.1.1 dev eth2  proto static 
   169.254.0.0/16 dev eth2  scope link  metric 1000 
   192.168.1.0/24 dev eth2  proto kernel  scope link  src 192.168.1.205  metric 
2 
   192.168.122.0/24 dev virbr0  proto kernel  scope link  src 192.168.122.1
  NetworkManager.state:
   [main]
   NetworkingEnabled=true
   WirelessEnabled=true
   WWANEnabled=true
   WimaxEnabled=true
  SourcePackage: network-manager
  UpgradeStatus: Upgraded to precise on 2012-05-10 (5 days ago)
  nmcli-dev:
   DEVICE     TYPE              STATE         DBUS-PATH                         
         
   eth2       802-11-wireless   connected     
/org/freedesktop/NetworkManager/Devices/1  
   eth0       802-3-ethernet    unavailable   
/org/freedesktop/NetworkManager/Devices/0
  nmcli-nm:
   RUNNING         VERSION    STATE           NET-ENABLED   WIFI-HARDWARE   
WIFI       WWAN-HARDWARE   WWAN      
   running         0.9.4.0    connected       enabled       enabled         
enabled    enabled         enabled

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