Absolutely Your father can file a law suit to void the contract due to duress or economic duress.
Duress occurs when one party induces the other party’s assent through wrongful threats. The threats must essentially give a party no choice but to enter into the contract. For example, a contract under duress exists when a party threatens to bring false criminal charges against the other party if the other party does not agree to the deal. Once the threatened party shows that the agreement was the product of duress, he can avoid his performance obligations. Keep in mind, however, that courts are reluctant to find economic duress on the basis of bargaining pressure alone. Hard bargaining is acceptable and does not render a contract void.
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Economic duress is evaluated under an objective standard: "The doctrine of 'economic duress' can apply when one party has done a wrongful act which is sufficiently coercive to cause a reasonably prudent person, faced with no reasonable alternative, to agree to an unfavorable contract. The party subjected to the coercive act, and having no reasonable alternative, can then plead 'economic duress' to avoid the contract.
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