While inspecting the blooms on my new Eastern Snowball tree a few days ago I discovered this:

Kind of hard to see as I couldn’t get my camera to focus right, but almost all the leaves have been munched upon by little green caterpillars! The little buggers! Just as the tree was coming into bloom.
So I called the garden centre that I bought the tree from and they recommended BTK.
BTK Biological Insecticide is a safe, easy-to-use and effective control for caterpillars including tent caterpillars, gypsy moths, spring and fall cankerworm, Spruce budworm, Jack Pine Budworm and other insects which infect shade trees, ornamentals and evergreens.
So I’ve just finished spraying the tree and I’ll reinspect in a day or two to see if it has helped.
I also noticed some small red ant like creatures on the buds of my peony blooms so I gave them a little squirt too.

Sounds like viburnum leaf beetles. At work, I manage a site about them that should answer a lot of your questions and point you in the right direction as far as managing them:
http://www.hort.cornell.edu/vlb/