Like a few others have indicated, this isn't brake failure, but rather brake assistance failure.
The brakes are fully functioning, just more pedal pressure is required from the driver. Of course on first application is seems as though there is no brakes.
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Current: 135i Auto, Le Mans Blue - w/ Bridgestone RE-11 rears, GP Thunder 7500k angels, & "golf tee" mod plus a few M3 suspension bits and pieces...
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