Crude extracellular enzyme from Phanerochaete chrysosporium BKM-F-1767 (ATCC 24725) was used for kinetics and deactivation studies. The kinetics of lignin peroxidase in the crude enzyme was fitted to a ping-pong-bi-bi model with competitive substrate (hydrogen peroxide) inhibition. Several divalent metal salts (MnCl 2, MnSO 4, MgCl 2, and CaCl 2) enhanced LiP activity at low concentrations ( <2 m m ) but inhibited at high concentrations ( >2.5 m m ). Deactivation kinetic models from series-type deactivation mechanisms correlated well with the experimental data for peroxide-dependent and pH-dependent deactivation. UV/visible spectral changes during crude enzyme deactivation in the presence of peroxide supported the series deactivation mechanism. Strategies to enhance lignin peroxidase stability are suggested.